Volume 29, Number 20 · December 16, 1982
The Salvation of Social Security
By Peter G. Peterson
Social Security remains sacred in American politics while it threatens the entire economy. In the recent election campaign, practically all the candidates promised to 'preserve Social Security,' to 'resist any cuts in benefits,' and to 'protect the elderly poor.' No one dared to say that without major reforms—including 'cuts'—the Social Security system will run huge deficits, that these deficits will push our children into a situation of economic stagnation and social conflict and create a potentially disastrous situation for the elderly of the future.[1]
Feature, 7130 words
To read the full text of this piece, please choose one of the following options:
|
If you are already a subscriber to the Review's electronic edition, please sign in: |
To subscribe to the electronic edition, please press the button below. |
To purchase access to this article for $3, please press the button below. |