The Anatomy of Social Security and Medicare
By Edgar K. Browning
This article appeared in the Summer 2008 issue of The Independent Review.
Do todays 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 Securitys monumental impact on the lives of ordinary Americans, it is probably the most poorly understood government program.
Entitlements and WelfareHealth and HealthcareMedicare and MedicaidMedicare, Medicaid, and ObamacareSocial Security
|Other Independent Review articles by Edgar K. Browning|
|Fall 2002||The Transfer Society: Economic Expenditures on Transfer Activity|
|Summer 1997||The End of Welfare: Fighting Poverty in the Civil Society|