Pro to the question "Should Social Security Be Privatized?"
"Given the [Social Security] program's looming financial crisis, benefit cutbacks are increasingly likely. Therefore, the entirely political nature of Social Security places workers’ retirement security at considerable risk. Indeed, Congress has already arbitrarily reduced Social Security benefits of some groups of workers. Moreover, because Social Security benefits are not a worker’s property, they are not inheritable.
In contrast, a privatized Social Security system, based on individual accounts, would provide workers with the benefits and the safeguards of true ownership."
"Property Rights: The Hidden Issue of Social Security Reform," Social Security Privatization, Apr. 19, 2000
Experts Individuals with PhDs, JDs, or equivalent advanced degrees in fields relevant to the privatization of Social Security; and top-level federal government officials significantly involved in Social Security and related issues. [Note: Experts definition varies by site.]
Involvement and Affiliations:
Professor of Law, Suffolk University, 1986-present
Resident Scholar, Beacon Hill Institute
Member, Advisory Committee, Cato Project on Social Security Choice