Social Security is unaffordable due to our aging population. Social Security is a driver of our national debt. Social Security is built on a house of cards – its assets are just IOUs. Social Security is a Ponzi scheme.
No doubt you have heard some or all of these claims from politicians and pundits debating solutions to the problems of our most important retirement program.
But Nancy Altman argues that these claims are not just wrong, but part of a purposeful campaign to undermine and dismantle Social Security that has been underway since its creation in the 1930s. Altman makes her case in a provocative, highly informative new book, The Truth About Social Security: The Founders’ Words Refute Revisionist History, Zombie Lies, and Common Misunderstandings.