Social security
Subtitle: the phony crisis
By: Dean Baker and Mark Weisbrot.
Contributors: Weisbrot, Mark.
Publisher: University of Chicago Press
Published: 1999
Place of publication: Chicago
Language: eng
Number of pages: 175
Subjects: Social security -- United States -- Finance
Description: "Is it true that the Social Security system is in serious trouble and must be repaired? As baby boomers begin to retire, will they inevitably, by force of their sheer numbers, bankrupt the system? Is Social Security a big Ponzi scheme that will leave future generations with little to show for their lifetime of contributions?"--BOOK JACKET.

"The answer to these questions is a resounding no. In Social Security: The Phony Crisis, economists Dean Baker and Mark Weisbrot show that there is no economic, demographic, or actuarial basis for the widespread belief that the program needs to be fixed."--BOOK JACKET.
Notes: Includes bibliographical references (p. 161-168) and index.
Table of contents: title: ch. 1.; title: Social security and its critics -- -- ch. 2.; title: Generating phony wars with generational accounting -- -- ch. 3.; title: Entitlements for the elderly: medicare "reform" -- -- ch. 4.; title: Debate over the consumer price index -- -- ch. 5.; title: Glories of privatization -- -- ch. 6.; title: Advisory Council's recommendations and other fixes -- -- ch. 7.; title: Debate over national saving -- -- ch. 8.; title: Will the age wave lift all boats? -- -- ch. 9.; title: Honest debate.