Here’s a repository of articles and so forth on the Social Insecurity non-crisis, in blog format: www.thereisnocrisis.com.
Knowledge is power. Let’s use it.
And let’s quote Roger Lowenstein of the NY Times Magazine, just for kicks and giggles:
The [Bush Social Insecurity] campaign is potentially self-fulfilling: persuade enough peoplethat Social Security is going bankrupt, and it will lose publicsupport. Then Congress will be forced to act. And thanks to suchunceasing alarums, many, and perhaps most, people today think theprogram is in serious financial trouble.
But is it? After Bush’s re-election, I carefully read the 225-pageannual report of the Social Security trustees. I also talked toactuaries and economists, inside and outside the agency, who are expertin the peculiar science of long-term Social Security forecasting. Theactuarial view is that the system is probably in need of a smalladjustment of the sort that Congress has approved in the past. Butthere is a strong argument, which the agency acknowledges as apossibility, that the system is solvent as is.
I might add that the first paragraph is the Republican "anti-government" message in a nutshell: Since government is bad, not on your side, and doesn’t protect you, we’re going to make extra sure it’s bad, not on your side, and benefits our rich clients.
