Socialism


The Real Problem with Social Security Privatization

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Although Social Security is an unconstitutional relic of the New Deal, some libertarians never tire of proposing ways to reform the system. Social Security is properly labeled the federal Old-Age, Survivors, and Disability Insurance (OASDI) program, which provides monthly benefits for retirement, disability, survivorship, and death. Although it was established in 1935, employers and employees did not begin paying Social ...