Nancy J. Altman, president of Social Security Works and chair of the Strengthen Social Security coalition, opposes it. The Social Security system depends on the ability of the government to tax current workers and pay current beneficiaries out of those proceeds. A 1930s poster introducing the Social Security program for the elderly Photo: GraphicaArtis/Getty ImagesFurthermore, unlike Social Security, savings can be outlived. Social Security should be expanded, not cut and certainly not privatized. Ms. Altman is president of Social Security Works and chair of the Strengthen Social Security coalition.

Source: Wall Street Journal March 27, 2017 02:26 UTC