Conservatives are eager to use the short term economic emergency to attack our society’s long-term commitment to a dignified old age. The folks over at Cab Drollery aren’t buying…
Both Ruth and I, along with many other bloggers, have been pointing out that the last thing President Obama and the 111th Congress needs to do is mess with Social Security. Ruth pointed out yesterday that to refer to Social Security as an “entitlement” is to frame the argument in favor of those conservatives who see the program as a give-away to the ne’er-do-wells who weren’t smart enough to save for retirement. It also ignores the fact that people like Ruth and I have been paying into Social Security for over 40 years. We willingly participated in the insurance policy because we knew those premiums would be used to protect the generation before us. We counted on the next generation to do the same for us, and they are.
Social Security is not broken. Even the direst of forecasts shows complete solvency for at least 30 more years, and that’s without cutting benefits or raising the cap on payroll payments into the fund. Why is President Obama even thinking about Social Security as a troubled program?
… and neither am I