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The Independent Review
Volume 13 Number 1
Summer 2008


The Anatomy of Social Security and Medicare
By Edgar K. Browning

Do today’s retirees understand that they would have a pension two, three, or more times larger than their Social Security pension if they had been allowed to invest their FICA taxes in stocks? Despite Social Security’s monumental impact on the lives of ordinary Americans, it is probably the most poorly understood government program.




Copyright 2009 The Independent Institute