Wed
Nov 21 2012
09:38 am
Social Security Lies
By: Stick  shortURL

Will we ignore reality?

Social Security is not contributing to the deficit, and if — and that's a big if — a tweak is needed down the road, we can easily accomplish that by raising the cap on payroll taxes, which stands just above $100K. In reality, there is absolutely no sound justification for doing anything now. The bottom line is that raising the retirement age and making changes based on longevity does not pass the test of morality, logic, or sound economics.

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Tamara Shepherd's picture

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Submitted by Tamara Shepherd on Wed, 2012/11/21 - 10:21am.

Thanks, Stick--I've said the same thing for years.

Stick's picture

More here...

Submitted by Stick on Wed, 2012/11/21 - 10:34am.

More here...

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