Abstract

Social insecurity
Lieberman, Trudy | January 27, 1997 issue

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The article focuses on the steps taken for the social security system in the U.S. Cato Institute and others have tried before to stir up interest in demolishing social security. Cato's Project on Social Security Privatization, if successful, will help convert Social Security from a social insurance plan that provides a floor of protection for every retiree to an every-man-for-himself arrangement of private accounts that will make retirement income dependent on how much and how well individuals invest. Some solutions proposed by another faction of the balkanized Social Security Advisory Council would keep the system sound without dismantling it.

See Also:

SOCIAL security; ASSOCIATIONS, institutions, etc.; PRIVATIZATION; INSURANCE; RETIREMENT income; UNITED States
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