Let's Get Rid of Social Security: How Americans Can Take Charge of Their Own Future

Myers, E. J. (Edwin J.)

ISBN 10: 1573920150 / ISBN 13: 9781573920155

Published by Prometheus Books, Amherst, NY, 1996

About this Item

24 cm, 273.

Seller Inventory # 18299

Bibliographic Details

• Title: Let's Get Rid of Social Security: How Americans Can Take Charge of Their Own Future
• Publisher: Prometheus Books, Amherst, NY
• Publication Date: 1996
• Language: English
• ISBN 10: 1573920150
• ISBN 13: 9781573920155
• Binding: Hardcover
• Edition: First Printing.
• Condition: very good, very good
• Seller catalogs:
  • Franklin Roosevelt

About this title

Synopsis

Millions of Americans believe Social Security will be bankrupt by the time they retire; they resent contributing to a system that may never benefit them. Others want to opt out of the system and see to their own retirement needs. The Social Security system has problems . . . but what should we do?"The answer is obvious," says E.J. Myers. "We must get rid of Social Security as we now know it and replace the system with one based on privatization and consolidation." According to Myers's plan, retirees all 80,000,000 Baby Boomers could receive over $5,000 per month at age 65 instead of the $1,138 per month under the current plan. In addition, his plan would keep all benefits for current recipients, and those about to retire, at the same levels they are today. He projects an investment plan designed to cancel the entire debt (over $400 billion to date) the Treasury Department owes the Social Security Trust Funds.

About the Author

E.J. Myers (Houston, TX) is a businessman and president of Environmental Guardian, a company specializing in bioremediation. He has appeared before the House of Representatives Social Security Sub-Committee to formally present his ideas to Congress.