Paul Krugman: Stop Obsessing Over The Future Of Social Security

Paul Krugman: Stop Obsessing Over The Future Of Social Security
Nobel Prize-winning Economist Paul Krugman, professor of international trade and economics at Princeton University, pauses during a Bloomberg Television interview in New York, U.S., on Monday, Jan. 28, 2013. Krugman discussed the performance of bonds, Fed monetary policy, and the U.S. economy compared with that of Japan. Photographer: Scott Eells/Bloomberg via Getty Images
Nobel Prize-winning Economist Paul Krugman, professor of international trade and economics at Princeton University, pauses during a Bloomberg Television interview in New York, U.S., on Monday, Jan. 28, 2013. Krugman discussed the performance of bonds, Fed monetary policy, and the U.S. economy compared with that of Japan. Photographer: Scott Eells/Bloomberg via Getty Images

Last month the Congressional Budget Office released its much-anticipated projections for debt and deficits, and there were cries of lamentation from the deficit scolds who have had so much influence on our policy discourse.

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