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Debunking the “Ponzi Scheme” Myth of Social Security

If you’ve kept up with news accounts over the past few years concerning the growing concerns over Social Security’s long-term solvency, you’ve probably run into an article or two characterizing the program’s as a “Ponzi scheme.” Bernard A. Weisberger, historian, university professor, and editor of American Heritage sets the record straight on this and other rumors in an article posted on billmoyers.com. Read the article here…

 

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