Is Social Security Broke?: A Cartoon Guide to the Issues FROM THE PUBLISHER
A funny, smart, and engaging book on Social Security? You bet! Let Bill and Betty Boomer, their parents Ed and Ethel Elderly, and the young married Steve and Sue Sprout take you through the thickets of this thorny issue. You will come to understand why people are so worried about Social Security, how it operates, how we can keep it going, the problems we would face under a privatized system, and why Americans have always chosen to shore up this important program. You will learn about the system and the current debates surrounding it—and find yourself enjoying it at the same time.
Seven Good Reasons Not to Privatize Social Security:
Stocks can fall disastrously
Private pensions lack protection from inflation
Not everybody would avoid investment pitfalls
Government investment might bring interference
A private system can drain off money for big fees
Young workers would have a double burden
Huge Social Security funds moving in and out of the market could destabilize it
About the Author:
Barbara R. Bergmann is Professor Emerita, University of Maryland and The American University. Jim Bush is the editorial cartoonist for the Providence Journal.
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