Social Insecurity: 401(k)s and the Retirement Crisis with James W Russell
Channel: Populist Dialogues
Date: 18/04/2017

Guest James Russell is the author of "Social Insecurity, 401(k)s and the Retirement Crisis.  The retirement crisis is that people are going over a fiscal cliff instead of being able to retire with financial security. James states that this is the result of moving from traditional pension plans to 401(k)s and explains how that has happened with what consequences.  

We also discuss the role of social security in preventing much poverty, doing so in a much more efficient manner than the private, Wall Street based sector does.  James also notes the reforms which could be made in order the strengthen the social security system.