Texas counties pioneer Social Security reform

Don’t be fooled! Social Security can be reformed. Three Texas counties have decades-long track records in having done so.

From Watchdog Arena:

Social Security reform provides a fertile battleground of contention as the administration of President George W. Bush learned with its 2005 effort. Since then, Democrats have offered no reforms to ensure the program’s sustainability while Republicans, fearful of being tagged by the Left as anti-poor or uncaring, soft-pedal long-term, incremental changes.

Meanwhile, three Texas counties have proven that substantial reform is not only possible, but it can be a financial boon to program participants – and a 30+ year track record documents this claim.

In a new publication, The Private Sector Can Reform Social Security’s Disability Program, Dr. Merrill Matthews, Ph.D., a resident scholar with the Institute for Policy Innovation, outlines how Galveston County opted out of Social Security in 1981 with Matagorda and Brazoria counties following suit in 1982. The three counties instead adopted what’s known as the “Alternate Plan.”

Read more at Watchdog Arena.

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