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Amazon.com Review
The sky isn't falling on Social Security, say economists Dean Baker and Mark Weisbrot in this readable but sophisticated defense of America's popular government-run retirement program. The public suspects Social Security won't be solvent in the 21st century, they continue, because of "an avalanche of misinformation, disinformation, and powerful political and financial interests." The authors are both liberal economists, and they believe that the privatization of Social Security favored by many libertarians and younger Americans would involve great risk and possibly destroy a system of entitlements that has rescued millions of retirees from spending their golden years in poverty. Although they admit the stock market has averaged a 7 percent rate of return over the last 75 years--much higher than anything Social Security can claim--there is no way to predict what will happen in the future; mandatory private investment programs favored by many free-market reformers therefore offer false promises. Only Social Security, say Baker and Weisbrot, provides a guarantee of income for the elderly. Along the way, Social Security: The Phony Crisis discusses the history of Social Security and evaluates several of the reform proposals now on the table in Washington. A constant drumbeat in favor of the status quo will guarantee this book's popularity among liberals. --John J. Miller
Social Security: The Phony Crisis: Dean Baker,Mark Weisbrot ... The sky isn't falling on Social Security, say economists Dean Baker and Mark Weisbrot in this readable but sophisticated defense of America's popular government-run ... Social Security Social Security Social Security: The Phony Crisis ... Alibris has Social Security Social Security Social Security: The Phony Crisis the Phony Crisis the Phony Crisis and other books by Mark Weisbrot, Dean Baker ... Social Security: The Phony Crisis, Introduction -- Dean Baker and ... The introduction to Social Security: The Phony Crisis by Dean Baker and Mark Weisbrot, authors of Social Security: The Phony Crisis. Also available on web site ... Amazon.com: Customer Reviews: Social Security: The Phony Crisis 5 stars. "Impeccable and Typical of the CEPR" There are some reviews listed by people who seem to be under the spell of the illusory "free markets." They seem to ... Social Security: The Phony Crisis by Mark Weisbrot - Powell's Books Social Security by Mark Weisbrot: Is it true that the Social Security system is in serious trouble and must be repaired? As baby boomers begin to retire, will they ... Social Security: The Phony Crisis :: Monthly Review Jacob Morris is a frequent contributor to MR. In a recent speech, the head of the main government workers union in the United States accused the Reagan administration ... BARNES & NOBLE Social Security: The Phony Crisis by Dean Baker ... Overview. 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 ... Social Security: The Phony Crisis, Baker, Weisbrot The book Social Security: The Phony Crisis, Dean Baker and Mark Weisbrot is published by University of Chicago Press. BARNES & NOBLE Social Security: The Phony Crisis by Dean Baker ... Best of the Month Explore our hand-picked list of new books that stand out as the best of the best in August. Shop Now Social Security: The Phony Crisis - The American Prospect Thomas Matzzie is a policy analyst at Campaign for America's Future where he coordinates the campaign's Social Security project. He is co-author of Social Security ...
