1. Social Security: The House that Roosevelt Built
- Author:
- Pamela J. Perun and Patricia E. Dilley
- Publication Date:
- 07-2011
- Content Type:
- Policy Brief
- Institution:
- Aspen Institute
- Abstract:
- Critics of the Social Security program are fond of disparaging it as a "Ponzi" scheme or as a redistributive transfer of income from the young to the old. Others go even further, labeling the Social Security trust fund as a fiction or claiming the program is bankrupt. Some also suggest that the government bonds held in the trust fund are mere IOUs. Still others say that the program's legal basis is ephemeral, subject to the whims of Congress.
- Topic:
- Demographics, Economics, and Government
- Political Geography:
- United States