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Social Security 'Crisis' and Costs of Privatization

President Bush is sounding alarm bells about the fate of the Social Security system, claiming the senior safety net will collapse soon and younger workers should instead divert some of their payroll taxes to private investment accounts. NPR's Madeleine Brand talks with Ed Andrews, economics correspondent for The New York Times, about whether there is a Social Security crisis.

Copyright 2005 NPR

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Madeleine Brand
Madeleine Brand is the host of NPR’s newest and fastest-growing daily show, Day to Day. She conducts interviews with newsmakers (Iraqi politicians, US senators), entertainment figures (Bernardo Bertolluci, Phillip Seymour Hoffman, Ricky Gervais), and the everyday people affected by the news (an autoworker laid off at GM, a mother whose son was killed in Iraq).
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