Running Scared: Observations of a Former Republican
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"Losing my faith in humanity ... one neocon at a time."

Friday, December 03, 2004

Social Security Facts and Myths

posted by Jazz at 12/03/2004 09:31:00 AM

NOTE: YOU ARE VIEWING AN ARCHIVED POST AT RUNNING SCARED'S OLD BLOG. PLEASE VISIT THE NEW BLOG HERE.

Last night, Ron posted some eye opening, startling information about Social Security. It turns out that cooler heads looking at hard data are saying that the system isn't about to go over a cliff, as the Bush administration has been telling us all along. I'll confess that I certainly bought into that and thought that it was. This is definitely worth a read, because it's going to be a huge issue in the coming session of Congress.

As I said in Ron's comment section, this is a flag that Democrats and moderate Republicans need to be running up the old flagpole and waving immediately. The study quoted in the article indicates that some minor "tuneups" may need to be done to ensure that benefits can be maintained with no cuts past 1042, but that the system is definitely solvent until then. We need to be pointing this out, but also showing a real, solid, viable plan as to how those "tuneups" will be accomplished.