How efficient is the Social Security Administration compared to private enterprises?
The Social Security Administration is remarkably efficient, with only 58,000 employees serving 71 million benefit recipients. This equates to approximately one worker for each million beneficiaries. These same employees also process tax payments from 170 million workers weekly. As Lawrence O'Donnell emphasizes, there is no entity in the history of private enterprise that matches the efficiency of the Social Security Administration. This hyper-efficient government agency operates with minimal staffing while maintaining critical financial support for millions of Americans, demonstrating exceptional operational effectiveness unparalleled in the private sector.
People also ask
TRANSCRIPT
Load full transcript
0
From
Eisenhower's Warning on Social Security Reforms
MSNBC·8 months ago