One of the main agenda items at the two-day White House economic forum taking place this week is that of Social Security.
The Bush administration is arguing that without a radical overhaul, the Social Security system will go bankrupt. Critics counter that a simple increase in dedicated tax revenue would be enough to secure the system.
Tune to hear a breakdown of the proposals and the potential impact they could have on Americans’ retirement.
Guests:
Paul Krugman, New York Times Op-Ed columnist, professor of economics at Princeton University, author of The Great Unraveling;
John Shoven, professor of economics and director of the Institute for Economic Policy Research at Stanford University, co-author of The Real Deal: The History and Future of Social Security;
William Dudley, chief U.S. economist at Goldman Sachs.
