How Social Security Picks Your Pocket

How Social Security Picks Your Pocket

by Joseph Fried
     
 

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If you're not mad yet, you will be. Opinionated and well-documented, the book goes beyond discussions of the pending insolvency of Social Security to illustrate numerous distortions in the way Social Security distributions are made, often to the benefit of those who need it least.

Fried, a CPA and an MBA, illustrates his points with easy-to-follow scenarios, and

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Overview

If you're not mad yet, you will be. Opinionated and well-documented, the book goes beyond discussions of the pending insolvency of Social Security to illustrate numerous distortions in the way Social Security distributions are made, often to the benefit of those who need it least.

Fried, a CPA and an MBA, illustrates his points with easy-to-follow scenarios, and offers prescriptions to make the system more equitable.

By now, most people realize that Social Security is no bargain, but few are aware of the staggering waste and inequities built into the system. This easy-to-read book expands the Social Security debate to the areas of disability abuse, fraud, and inequitable benefit shifting.

Includes references, index, and questions readers might like to ask of their elected representatives.


From the Author
To write this book, I put on my eyeshades, sharpened my pencils, and poured through endless financial schedules, statements, agency reports, and research studies, with all of the skepticism of an eagle-eyed accountant reviewing his restaurant check. The goal? To get the real story behind the numbers. Twenty years of CPA audit experience made it easy. Then, I set-out to write a book that would take nothing for granted, and take no prisoners. If you’re looking for opinions, you’ll find a boatload in this book, and they are backed-up with facts and followed-up with recommendations. If you’re looking for perspective you’ll find that too, because program-wide cost estimates have been added, where ever possible.

Some may presume this to be a conservative book because, perhaps, they believe any criticism of Social Security may be a "right-wing" attempt to eliminate it, or cut benefits to the poor. I hope these people, in particular, will read this book with open eyes and open minds. If we are truly concerned about common, working people, we must also be concerned about the blundering way Social Security handles their money and distributes their benefits. Social Security is a program of lofty and noble goals, but it is also a system of enormous waste and inefficiency.


About the Author
Joseph Fried, MBA, CPA, has been a practicing accountant with Ernst & Young, and with his own firm for over 20 years. He has counseled small business clients in compensation planning and retirement planning, and the cost-benefits of Social Security. Mr. Fried is a frequent guest speaker on Social Security issues.

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Editorial Reviews

David Hogberg
"Fried's book is chock full of examples that both anger and entertain. It is also meticulously researched.... Buy the book"
The American Spectator, 4/15/2005

Product Details

ISBN-13:
9780875862484
Publisher:
Algora Publishing
Publication date:
10/28/2003
Pages:
260
Product dimensions:
5.90(w) x 8.90(h) x 0.80(d)

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