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Social Security 'Crisis' and Costs of Privatization

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Social Security 'Crisis' and Costs of Privatization

Social Security Debate

Social Security 'Crisis' and Costs of Privatization

Social Security 'Crisis' and Costs of Privatization

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  • <iframe src="https://www.npr.org/player/embed/4278727/4278728" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">

President Bush is sounding alarm bells about the fate of the Social Security system, claiming the senior safety net will collapse soon and younger workers should instead divert some of their payroll taxes to private investment accounts. NPR's Madeleine Brand talks with Ed Andrews, economics correspondent for The New York Times, about whether there is a Social Security crisis.