Latest on Social Security

Following on the NYT quote, I thought it’d be good to post LBO’s most recent take on Social Security: Is the real problem Social Security? Also, this is from my radio commentary for tomorrow: Speaking of austerity, the Wall Street Journal reported on Friday that the AARP, nominally an interest group fighting on behalf of older Americans, has decided to stop resisting calls for cuts to Social Security benefits, reversing its long opposition to such a cruel move. The group’s policy chief, John Rother, said, “The ship was sailing. I wanted to… Read More

Quoted in the NYT – tendentiously

It’s always flattering to be quoted in the New York Times, but the context looks designed to refute me—and the reporter calls me a “liberal.” Ouch. AARP Is Open to Future Cuts of Social Security Benefits But other advocacy groups that are pushing to preserve Social Security benefits accused AARP of effectively abandoning its core constituency. Doug Henwood, the Brooklyn editor of a liberal business blog and Internet radio program who has written on Social Security, said AARP’s willingness to consider cuts in benefits “reads like a sign that this former lobby… Read More