
Restructuring the Debt Beats Inflating It Away - Ep 898
The Peter Schiff Show Podcast
00:00
The Politics of Social Security
I feel bad that people aren't going to get what they were promised? Yes, of course. But I also recognize the political reality is that I don't think that the US government should tell people that they're not going to get as big a pension as they were promised. The taxpayers don't have the resources to live up to these commitments. We have to bring the obligations down in line with the ability of the tax base to afford it. All these government promises are not going to be kept. That's just reality.
Transcript
Play full episode