Saving Social Security

By Peter A Diamond, Peter Orszag,

Book cover of Saving Social Security: a Balanced Approach

Book description

"

While everyone agrees that Social Security is a vital and necessary government program, there have been widely divergent plans for reforming it. Peter A. Diamond and Peter R. Orszag, two of the nation's foremost economists, propose a reform plan that would rescue the program both from its projected financial…

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Why read it?

1 author picked Saving Social Security as one of their favorite books. Why do they recommend it?

This book analyzes the financial position of Social Security, presents a plan for fixing it, and argues against diverting Social Security revenue into individual accounts.

Its proposal preserves the value of Social Security in providing a basic level of benefits; it increases the value of benefits for particular low-income groups such as workers who have long careers at low pay, and widows and widowers with low benefits; and it eliminates Social Security’s long-term deficit. 

From John's list on fixing social security.

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