Melba Newsome is a Charlotte-based freelance writer. Her work has appeared in Time, the New York Times, Oprah and ARRP, among others.
At 84, billionaire Peter G. Peterson won’t be affected by any proposed changes to Social Security and, given his personal fortune (Forbes puts his net worth at $1.7 billion), it wouldn’t matter if he were. Nonetheless, Peterson is obsessed with fixing the entitlement program. He has spent the past 30 years warning that, unless we address the nation’s debt, deficits and entitlements programs, this country is headed for economic disaster.