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Myths about social security: and the dispelling truth.(Public Policy II)
WHEN it comes to Social Security, Robert Bixby of the Concord Coalition sees too little choice between do-nothing Democrats and free-lunch Republicans. Bixby has a point: If all the future taxpayer-financed benefits promised to millions of aging baby boomers could actually be paid for with impunity, as some Republicans suggest, then do-nothing Democrats could point to such claims to suggest that there are no problems worth fixing. But there are, in fact, big problems with Social Security, and the media continue to misrepresent them.
The unfixable part of the problem is demographic. The population aged 65 or older will increase from 37 million today to 75 million ...
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Source: HighBeam Research, Myths about social security: and the dispelling truth.(Public Policy...