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Social Security Isn't Broken: So Why Does Greenspan Want to Fix It?
Dollars & Sense magazineLink to more items from this source
Dec. 9, 2004
Excerpt: Federal Reserve Chairman Alan Greenspan told Congress earlier this year that everyone knows there's a Social Security crisis. That's like saying 'everyone knows the earth is flat.' Starting with a faulty premise guarantees reaching the wrong conclusion. The truth is there is no Social Security crisis, but there is a potential crisis in retirement income security and there may be a crisis in the future in U.S. financial markets. It's this latter crisis that Greenspan actually is[.]

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