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Roots of the Social Security Myth, The

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Insurance? Hardly. It is a redistribution scheme.

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This may be the best short study ever written on the history of Social Security. John Attarian shows that the program is not an insurance program at all but rather a pure transfer scam designed to make the elderly dependent on the tax take from younger workers.

In a particular controversial section, the author shows how implausible so-called privatization is in the American context, and how the only path to reform involves dismantling this program completely. The complete text runs 50 pages.


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