The Social Security Crisis?: An Evaluation of Status Quo Social Security

Social Security is improperly described in cataclysmic terms. Politicians regularly mischaracterize and terrify the public about Social Security, but Americans have been grossly misinformed about Social Security by powerful Wall Street firms, who stand to gain billions of dollars in investment fees if the status quo system is "privatized." Chicken Little economic forecasters warn the collapse is imminent and unavoidable without drastic change. ABSOLUTELY WRONG! Jason White champions the merits of status quo Social Security, and logically dismisses the naysayers, arguing the system is just fine as is and will not collapse like some sort of ill-conceived Ponzi scheme.