Taking a Critical Look at the Popular Arguments Against Social Security

Although there has not been nearly enough coverage in the press about Social Security’s long-term solvency issue, there has nevertheless been recurring conjecture from those who seek to disparage the program. Kent Treiber, columnist for Western Nevada County California’s “The Union,” examines the popular criticisms that are frequently directed toward Social Security. Include are the persistent characterization of the program as a “Ponzi Scheme,” the chronic rumor of Social Security “going broke,” Social Security’s supposed contribution to the spiraling national debt, and Social Security’s relationship to the federal budget. Treiber’s article sheds a corrective light on these criticisms, and closes with a plea for mobilization of voices to urge Congressional action to address the real problem…the solvency issue.
The Association of Mature American Citizens (AMAC), in its “Social Security Guarantee” proposal, has recognized the importance of a bipartisan solution to the long-term Social Security solvency problem. This proposal takes the form of a framework that the Association firmly believes is the best path to long-term Trust Fund solvency without raising taxes. Echoing Kent Treiber’s call to action, we encourage readers to learn more about AMAC’s proposal and then contact your Congressional representatives and encourage their support, as well.
To read Kent Trieber’s article, click here…
To read the AMAC Social Security Guarantee, click here…
This posting is presented for informational purposes only and does not represent legal or financial guidance. Any opinions or interpretations presented are either those of the original author or, in the case of articles authored by the AMAC Foundation, are the opinions of AMAC Foundation staff, originally trained and accredited by the National Social Security Association (NSSA) and certified via the AMAC Foundation. Any links included in the article are valid on the posted date; socialsecurityreport.org cannot guarantee the duration of the links’ validity. NSSA and the AMAC Foundation and its staff are not affiliated with or endorsed by the Social Security Administration or any other governmental entity. To submit a question, visit our website (https://amacfoundation.org/services/) or email us at ssadvisor@amacfoundation.org. Because we are a non-profit organization, there is no charge for these services.
