The Plot Against Social Security: How the Bush Plan Is Endangering Our Financial Future

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Undoing the New Deal

Thanks for telling us about the problem. Return to Book Page. Relentless and ominous, the drumbeat echoes across the land: Social Security is on the verge of bankruptcy. The warning has been repeated so often that it has become a dismal article of faith for the millions of Americans who pay Social Security taxes and expect to collect benefits someday. But it is flatly untrue.

The Plot Against Social Security: How the Bush Plan Is Endangering Our Financial Future

Social Security today is as financially strong as it has b Relentless and ominous, the drumbeat echoes across the land: Social Security is on the verge of bankruptcy. Social Security today is as financially strong as it has been in decades. Despite its relative good health, however, it is facing the most dangerous political challenge to its existence since its birth 70 years ago. The Plot Against Social Security explains who is really behind the efforts to "reform" this system and shows that the most frequently proposed fix -- diverting a huge portion of its assets into private investment accounts -- will damage it beyond repair, undermining retirement security for generations of Americans.

Award-winning journalist Michael Hiltzik documents the privatization lobby's ties to the brokerage and insurance industries that stand to profit from the proposed changes. Finally, he offers a clear set of remedies for those few elements of Social Security that do need repair -- proposals that will shore up the most effcient social insurance program in America's history rather than destroyingit in the name of reform.

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How the Bush Plan Is Endangering Our Financial Future

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Community Reviews. Showing Rating details. All Languages. More filters. Sort order. Doug rated it it was amazing Nov 27, Nick Lloyd rated it liked it Jul 24, Kyle Pantermoller rated it it was ok Nov 21, Freddie McFarland rated it it was amazing Jan 17, Young Yun rated it liked it Jun 23, Brittany Farrell rated it liked it Jan 28, Joe Hadley rated it liked it Feb 19, Bob rated it really liked it Jun 12, Jim rated it really liked it Apr 22, LPenting rated it it was amazing Nov 05, The warning has been repeated so often that it has become a dismal article of faith for the millions of Americans who pay Social Security taxes and expect to collect benefits someday.

But it is flatly untrue.


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Social Security today is as financially strong as it has been in decades. Despite its relative good health, however, it is facing the most dangerous political challenge to its existence since its birth 70 years ago. The Plot Against Social Security explains who is really behind the efforts to "reform" this system and shows that the most frequently SlideShare Explore Search You. Submit Search.

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