TITLE

Myths About Social Security

AUTHOR(S)
Reynolds, Alan
PUB. DATE
March 2005
SOURCE
National Review;3/14/2005, Vol. 57 Issue 4, p40
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
Discusses the Social Security system in the United States, and President George W. Bush's efforts to reform it. Reference to the basic economic reason why future taxpayers cannot and will not pay rising real benefits to twice as many seniors; Suggestion that the problem cannot be fixed with higher taxes; Examination of several erroneous suggestions that have been made about how to fix Social Security; Suggestion that the "system" is not bankrupt and must be saved; Suggestion that transition costs to the President's privatization plan would be prohibitive; Suggestion that Social Security is, for most people, a good deal; Other erroneous suggestions; Importance of staying focused on the facts for the sake of future workers and retirees.
ACCESSION #
16330586

 

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