In this revised and updated edition, two respected economists argue that calls for scrapping Social Security in favour of a privatized plan are misguided and that the claims that the system faces bankruptcy are wrong. The authors analyze the economic assumptions underlying current reform efforts.
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Henry J. Aaron is a senior fellow in Economic Studies at the Brookings Institution, where he holds the Bruce and Virginia MacLaury Chair. Among his many books are Can We Say No? The Challenge of Rationing Health Care, with William B. Schwartz and Melissa Cox (Brookings, 2006), and Reforming Medicare: Options,Tradeoffs, and Opportunities, written with Jeanne Lambrew (Brookings, 2008). Robert D. Reischauer was a former director of the Congressional Budget Office.
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