Is Social Security Reaching a Dead End?–Star Parker

American Thought Leaders

The Epoch Times

Government, News, Politics

4.9 • 1.1K Ratings

🗓️ 30 August 2024

⏱️ 23 minutes

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Summary

“When [social security] was first established, you had 40 workers for every retiree. Today, we have three workers for every retiree. You also have people living longer, and you have all people forced into this system that they don’t own … and they can’t transfer it to their heirs,” says Star Parker. She is the founder and president of the Center for Urban Renewal and Education (CURE) and editor of the book “The State of Black Progress.”

America’s social security system is broken, Parker says. And it’s not just social security. She argues that America’s welfare and safety net programs are all built on a one-size-fits-all model that fails to actually help the poor. Instead, they entrench generational poverty in certain communities, she argues.

Views expressed in this video are opinions of the host and the guest, and do not necessarily reflect the views of The Epoch Times.

Transcript

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0:00.0	The general society believes that we should have social safety nets.
0:04.0	Well that's not what Social Security is.
0:06.0	What we built is this one-size-fits-all program that actually has a disproportionate negative impact on the very poor that we're trying to help, black men.
0:15.0	Star Parker is the founder and president of the Center for Urban Renewal and Education,
0:20.0	Cure, and editor of the book The State of Black Progress.
0:24.0	When it was first established, you had 40 workers for every retiree.
0:28.0	Today we have three workers for every retiree.
0:31.0	You also have people living longer and you have all people
0:34.0	forced into the system. All of our welfare programs over time they do not work for
0:37.8	anyone. That's why we have pockets now of very, very broken communities because we have concentrated poverty in those
0:45.8	communities. This is American Thought Leaders and I'm Yanya Keller.
0:50.8	Star Parker, such a pleasure to have you back on American thought leaders.
0:55.2	Well thank you it's good to be with you. We just hit as we're filming today I
0:59.4	couldn't help but notice 35 trillion in debt in the US.
1:04.1	There's talk about interest rates going up.
1:07.8	The population is aging.
1:10.0	And there's a lot of questions
1:11.7	about the social safety net that's been erected over time.
1:17.1	Is this something we should be concerned about?
1:19.6	I think we should be concerned about the social safety net.
1:22.2	In fact, one of the reasons that I founded Cure
1:24.7	was so that we would revisit that time
	...

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