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The Roots of the Social Security Myth
Publication
Author: John Attarian
Online Publish Date:
Category: Taxes and Spending, U.S. Economy
John Attarian shows that the Social Security program is not an insurance program at all but rather a pure transfer scam designed to make the elderly dependent on the tax take from younger workers. In a particular controversial section, the author shows how implausible so-called privatization is in the American context, and how the only path to
Another Greenspan Social-Security Reform?
Mises Daily
Author: John Attarian
Online Publish Date:
Category: Fiscal Theory, Monetary Theory, The Fed, Taxes and Spending
On Thursday, February 27, Federal Reserve Chairman Alan Greenspan told the Senate’s Special Committee on Aging that we should tackle Social Security sooner rather than later, so as to avoid “abrupt and painful” revisions of the program when the baby boomers start retiring. Congress should, he said, consider things like raising the retirement age
Roots of the Social Security Myth
Essays in Political Economy
Author: John Attarian
Online Publish Date:
Category: Big Government, Taxes and Spending
This is a concise critical history of the federal program of Old-Age, Survivors and Disability Insurance (OASDI), popularly known as Social Security . It focuses on a crucial but under-examined aspect of the program: how Social Security was marketed to the American public, the false consciousness which that marketing created, and how that false