The future of Social Security: tune it up, don't trade it in

Authors :: Aaron, Henry J.
Reischauer, Robert D.
Source :: The Washington Quarterly. Wntr, 1999, Vol. 22 Issue 1, p217, 5 p.
Publication Year :: 1999
Abstract: These authors make a variety of points around a single theme: Privatization would be dangerous. From threatening the welfare of elderly who don't save enough to ruining the savings of people who retire amid a stock-market crash, private accounts can't make up for a public program of income guarantees.<br />Social Security has been a huge success. It provides benefits to 44 million Americans who are elderly, disabled, or survivors of deceased workers. More than three-fifths of the elderly derive [...]