Watching Wednesday night’s presidential debate, you’d have to be a crack political code reader to know what Obama was really saying about Social Security. It was quick. It was subtle. But it was one of the most telling moments of the debate. Obama could Full Story »
Posted by Dwight Rousu
Plans to cut the Social Security favored by Bowles and his partner in crime Alan Simpson, including raising the retirement age, are nothing more than bad policies based on economic falsehoods. As Nobel Prize-winning economist Paul Krugman pointed out recently in the New York Times, raising the retirement age is “totally at odds with the reality of an America in which rising inequality is reflected not just in the quality of life but in its duration.” Life expectancy, he reminds us, is actually falling for a substantial part of the nation.
And things would only be much much worse if pasty smile and the beady-eyed bean brain win.