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Social Security: The Phony Crisis
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Dean Baker,
Mark Weisbrot,
Center for Economic and Policy Research,
1/9/2001
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Is it true that the Social Security system is in serious trouble and must be repaired? As baby boomers begin to retire, will they inevitably, by force of their sheer numbers, bankrupt the system? Is Social Security a big Ponzi scheme that will leave future generations with little to show for their lifetime of contributions? Is the only way to solve the Social Security crisis through radical changes like privatization or bolstering it with massive new taxes? According to the authors of this important new study, the answer to these questions is a resounding no. In Social Security: The Phony Crisis, economists Dean Baker and Mark Weisbrot argue that there is no economic, demographic, or actuarial basis for the widespread belief that the program needs to be fixed.
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Order Online
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Pages: 199
Price: $12.00
Ordering Information:
Center for Economic and Policy Research
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