Social Security

Investment-Based Social Security Saving Social: Security for Our Parents, for Our Children

The exploding cost of Social Security threatens to become the greatest financial crisis in American history. The unfunded liability of the system is twice as large as our national debt and exceeds the…

Privatizing Social Security

The U.S. Social Security system is broke. It does not have the assets to pay promised benefits. Unless the system is fundamentally changed, solvency will require either massive tax increases for futur…

A 12-Step Plan for Social Security Reform

Social Security privatization is the single most important political reform sweeping the globe today. Following Chile's highly successful move to private pensions in 1981, Argentina, Peru and Colombia…

Can Social Security and Medicare Be Saved?

President Clinton wants to use any possible budget surplus to save Social Security. Republican leaders in Congress want to use any money from a possible tobacco settlement to save Medicare. But neithe…

The Nightmare in Our Future: Elderly Entitlements

Each generation of retirees depends on the government to provide Social Security and health care benefits by taxing the next generation. But in America, as in most other developed countries, the numbe…

Some Americans Already Have Privatized Social Security

Most people realize that the Social Security Trust Funds are trust funds in name only and consist of nothing more than IOUs the government owes to itself. However, employees of three Texas counties th…

Social Security Reform: Other Countries Are Leading the Way

From the inception of Social Security in 1935, politicians have encouraged people to think of the system as similar to private pensions. Private pension plans that invest a person's contributions in s…

Social Security Privatization

A 1994 poll found that more people in their twenties believed in Unidentified Flying Objects than believed they would collect Social Security retirement benefits.