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Conservatives and libertarians argue that Social Security reduces individual ownership by redistributing wealth from workers to retirees and bypassing the free market. Social Security taxes paid into the system cannot be passed to future generations, as private accounts can, thereby preventing the accumulation of wealth to some degree. [53]
Paul has given 12 updates on his Texas Straight Talk archive on the issue of Social Security. [73] Paul considers Social Security unconstitutional, [74] and he has sought for many years for the program to be phased out. [75] [76] He says that the Social Security system, which he has called "a giant Ponzi scheme," [77] is in "bad shape
[130] [131] Libertarian was adopted in the United States, where liberal had become associated with a version that supports extensive government spending on social policies. [60] Libertarian may also refer to an anarchist ideology that developed in the 19th century and to a liberal version that developed in the United States that is avowedly pro ...
In other words, reforming Social Security is going to make some groups of people worse off than they were before. 6. The president-elect's views on Social Security have changed in a big way ...
The Social Security Fairness Act, which would increase benefits for 2.8 million retirees, has bipartisan support but time running out.
Vance said in 2024 that he opposed cuts to Social Security or Medicare, and opposed privatizing Social Security. [ 216 ] [ 217 ] He has said concerns about the long-term solvency of the Social Security Trust Fund are overstated, and that increasing labor force participation and birth rate would sustain the system.
The Social Security Board of Trustees project that by 2035, there will only be enough money to pay retirees 75% of their benefits. Without changes, younger generations won’t receive 100% of ...
Jorgensen's positions are typically described as being consistent with the Libertarian Party's platform. [11] [12] [13] Her campaign has received less media coverage than those of Gary Johnson, former Republican governor of New Mexico and Jorgensen's predecessor as the Libertarian Party's presidential nominee in 2012 and 2016. Her name ...