Exploring Social Security’s history helps debunk current myths

Image: Nick Youngson, via The Blue Diamond Gallery/Creative Commons 3.0, http://www.thebluediamondgallery.com/typewriter/s/social-security.html

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.

Read more (Retirement Revised) »

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.