In my book, Pritical Thinking, I wrote that Social Security was doomed from the start.
It is nothing more than a government-sanctioned, intergenerational Ponzi Scheme!
It is unconstitutional and should be abolished.
President Franklin Delano Roosevelt was not truthful with the American people when he was pushing the legislation that eventually passed.
Social Security will be insolvent by 2034.
There are other alternatives currently implemented by dozens of countries around the world. Why doesn't the United States adopt one of them?
Show Notes:
Daniel J. Mitchell
Good News From Washington - Social Security Only $42 Trillion in the Hole
The Global Private Social Security Revolution
Reforms to Sweden’s Retirement System and Lessons for the United States
How to save Social Security
The Ever-Expanding Fiscal Burden of Social Security
Chile’s successful privatized SS system
The Second Social Security Crisis
The Case for SS Personal Accounts
Social Insecurity
The Committee For A Responsible Federal Budget
Jacob Hornberger
Social Security is Socialism
The Socialism of Social Security
Mises.org
Social Security's Winners and Losers
Social Security's Black Hole Has Arrived
Social Security is a Terrible Investment
Social Security Cannot Survive in its Present Form
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