https://socialsecurityworks.org
The opponents of Social Security will stop at nothing in their long crusade to destroy the most efficient retirement system in the world. Opponents have taken two tracks to attack Social Security. The first is to claim the system as it is will fail, and the second is to claim that privatization is a better way to provide for retirement security. The first claim was the favorite from 1935 to about 2001.
Then the privatization claim became the vogue. Now the first is back on the table and it is a right wing fake republican scam.
With corporations routinely defaulting on their pension promises, more and more workers must rely on their individual wealth to make up the difference.
The stock market collapse at the turn of the millennium wiped out much of the financial wealth of middle class Americans, and the collapse of the housing bubble has wiped out much of their remaining wealth.
Making any cuts to Social Security now, either by raising the retirement age or cutting benefits, would have a huge impact on their remaining retirement income and are not necessary to “save the system.”
In fact, to make most of the modifications currently being proposed by fake republicans would be the height of folly.
With all the fear-mongering falsehoods flying around, it can be difficult to separate fact from fiction.
https://www.dollarsandsense.org/archive ... 11orr.html
