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Reason Magazine

Writers: Social Security is not a retirement fund—it's a transfer program. Who do you think can better handle a financial emergency? It's retirees

Reason Magazine
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Social Security is not a retirement fund, it's a transfer program, taking income from the payrolls of current workers and giving it to retirees.

Abol Abolish: Social Security's retirement payments should be phased out because of the program's unsustainable and regressive nature.

Social Security should be forced to automatically cut benefits by about 20 percent by 2030 , he says, stop robbing poor, hard-working Peter to pay Paul .

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