A Challenge, Not a Crisis

摘要

Dear friends, how do I get your attention? I seem to be the only kid in the village who's not crying wolf. Here's the quiet truth: Social Security is not in crisis. It's a challenge but not a sinking ship. Young people won't be left empty-handed unless they vote to let that happen. The problems are fixable with incremental change. Many reformers have the system's basic premise in their cross hairs. Instead of a relying on a guaranteed payment to supplement your investments, they think you should invest your Social Security contribution, too. But we don't have to upend the system in order to "save" it. Whether it's better to switch to private stock accounts is a separate question.