Social Security Crisis

AARP Pushes Back On Critics

HuffingtonPost.com | Ryan Grim | Posted 03.31.2012

Read More: Aarp Social Security, Nancy LeaMond, Deficit, CEO Barry Rand, You've Earned a Say, Social Security, Aarp, AARP Lobbying, Social Security Crisis, Politics News

WASHINGTON -- AARP, the most powerful lobby for senior citizens, is committed to keeping Social Security out of any deficit debate going on in Washing...

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Gutting Social Security Would Devastate Blacks and Hispanics

Earl Ofari Hutchinson | Posted 11.20.2011

Read More: Social Security Crisis, Social Security Cuts, Social Security and Obama, Rick Perry Social Security, Social Security Trust Fund, Politics News

Any tweak, reduction, or downsize of Social Security would virtually guarantee that the economic pain to blacks and Hispanics would be unimaginable.

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The Social Security Conundrum Explained

Paul Heroux | Posted 10.22.2011

Read More: Social Security Administration, Taxes, Treasury Department, Benefits, Social Security, Social Security Cuts, Pensions, Social Security Crisis, Obama Social Security, Tea Party, Social Security Benefits, Raise Taxes, Public Financing, Treasury Bonds, Politics News

But how can drastic action be necessary when the Social Security trust fund reportedly has over $2.4 trillion in it at present? This is a misleading sleight-of-hand. Here is how.

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AARP Slammed For Giving Ground On Social Security

HuffingtonPost.com | Alex Becker | Posted 08.17.2011

Read More: Aarp Social Security, National Organization for Women, Social Security, Federal Budget Deficit, Aarp, Social Security Crisis, Politics News

WASHINGTON -- Social Security advocates are furious with AARP for signaling it might support reducing benefits as part of a deal to maintain the solve...

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A Comedy of Errors

Heidi Hartmann | Posted 05.25.2011

Read More: Women, Social Security, Social Security Crisis, Jay Leno, Social Security Trust Fund, Fiscal Policy, Politics News

Jay Leno's recent comments echo a common theme in the mainstream media's coverage of Social Security: Social Security is in crisis. It's time for this false assertion to be challenged.

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It's Time to Protect and Strengthen Social Security, Not Undermine It

Gara LaMarche | Posted 05.25.2011

Read More: Philanthropy, U.S. Economy, Erskine Bowles, Alan Simpson, Social Security, Economy, Seniors, Social Security Benefits, Social Security Crisis, Social Security Trust Fund, Social Security Reform, Politics News

Widespread claims that Social Security can't pay its bills, or that the trust fund will be depleted by the time today's children are ready to collect their benefits, are false. To the contrary, it's one of the most successful social programs of all time.

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How Democrats Can Win Back Seniors

Barbara J. Easterling | Posted 05.25.2011

Read More: Demo, Senior Citizens, Social Security, Health Care Reform, Democrats, Social Security Privatization, Social Security Crisis, Social Security Benefits, Health Reform, Health Care, Obama Health Care, Seniors, Baby Boomers, John Boehner, Democratic Party, Erskine Bowles, Politics News

It is up to the Democratic Party -- the party that brought us Social Security and Medicare -- to do better, to stand proudly and confidently behind a broad, positive agenda that is good for Americans of all ages.

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A Collegial Question for Peter Orszag (and Alan Simpson, and Alice Rivlin, and... )

Richard (RJ) Eskow | Posted 05.25.2011

Read More: Social Security, Peter Orszag, Alice Rivlin, Alan Simpson, Erskine Bowles, Social Security Administration, Cutting Social Security, Social Security Crisis, Social Security Privatization, Social Security Benefits, Politics News

I'd like to pose this question to everyone who has proposed cutting Social Security benefits: Why are you against this simple, clean, and popular idea? It's a sincere question. I'd really like to know.

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Charlie Crist's Social Security Solution: Comprehensive Immigration Reform

HuffingtonPost.com | Amanda Terkel | Posted 05.25.2011

Read More: Immigration Reform, Charlie Crist, Social Security, Marco Rubio, Florida Senate 2010, 2010 Elections, Charlie Crist Immigration, Comprehensive Immigration Reform, Florida Senate Race, Social Security Immigration, Immigration, Kendrick Meek, Social Security Crisis, Immigration Debate, Elections 2010, Politics News

Florida Gov. Charlie Crist, who is running as an independent for the state's U.S. Senate seat, is arguing that one of the nation's toughest problems ...

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U.S. Retirement Deficit Reaches $6.6 Trillion: 'God Help the Poor Gen Xers'

HuffingtonPost.com | Laura Bassett | Posted 05.25.2011

Read More: Retirement Security, Pension Plans, Social Security Crisis, Social Security Cuts, Saving for Retirement, Social Security, Retirement, Business News

America's retirement crisis has reached epic proportions, according to a recent study by Boston College's Center for Retirement Research. The study e...

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Social Security Turns 75, Starts Cadging From the Kids

Eric Schurenberg | Posted 05.25.2011

Read More: Aarp, Stephen Goss, Social Security, Social Security Crisis, Robert Ball, Social Security Trust Fund, Business News

Unless taxes rise or benefits fall, the system will operate at a deficit this year and next, return to a surplus through 2014, then sink back below the surface in 2015 and never come up.

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The Myth of the Social Security Crisis

Jonathan Weiler | Posted 05.25.2011

Read More: Deficit Commission, Social Security, Social Security Trust Fund, Social Security Privatization, Obama Social Security, Social Security Crisis, Social Security Benefits, Politics News

Any sane cost-benefit analysis shows that Social Security has been a remarkable success. There is no reason to doubt that it can continue to perform that function decades into the future.

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Lessons from FDR: When the Right Cries Wolf, Bite Back

Peter Dreier | Posted 05.25.2011

Read More: Social Security Administration, Social Security, Obama Social Security, Social Security Privatization, Social Security Crisis, Social Security Benefits, Politics News

The fight over Social Security isn't really about old-age insurance; rather, it is a place-holder for broader concerns. The fight is about what kind of country we want to be and what values we consider most important.

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What You Didn't Know About Social Security but Were Afraid to Ask

Saul Friedman | Posted 05.25.2011

Read More: Social Security Administration, Erskine Bowles, Social Security Crisis, Social Security Benefits, Obama Social Security, Social Security History, Social Security, Social-Security-Cuts, Politics News

Social Security is about to celebrate its 75th year, and still too many people don't know much about it. It has lasted through wars and recession, yet the reasons for its abiding strength are not universally understood.

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Social Security 'Under Greater Threat Now Than Under President Bush'

Christian Science Monitor | David R. Francis | Posted 05.25.2011

Read More: Social Security Cuts, Deficits, Social Security, State-Budget-Deficits, Social Security Benefits, Social Security Crisis, Obama Social Security, Social Security Deficit, Politics News

The Social Security system today faces a threat greater than the drive for partial privatization by George W. Bush....

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The Trust Fund and the Baby Boom

Joe Minarik | Posted 05.25.2011

Read More: U.S. Economy, Trust Fund, Economic Stimulus, Social Security, Social Security Crisis, Social Security Trust Fund, Business News

Recently, I suggested a legislative deal in which repair of Social Security's finances would motivate Congress to enact economic stimulus.

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Bank on Yourself for a Retirement Plan You Can Predict and Count on

Pamela Yellen | Posted 11.17.2011

Read More: Economy, How to Save Money, Social Security Benefits, Retiring, Saving for Retirement, Career Advice, Retirement Plan, Saving Money, Social Security Crisis, Healthy Living News

The idea of having a comfortable, worry-free retirement has become a distant dream for many boomers. It's become increasingly clear that conventional financial and retirement planning methods aren't working.

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Has Obama Created A Social Security 'Death Panel'?

Nieman Watchdog | Nancy Altman and Eric Kingson | Posted 05.25.2011

Read More: Barack Obama, 2011 Budget, Social Security, Obama Budget, Obama, National Commission on Fiscal Responsibility and Reform, Obama Spending, Obama 2011 Budget, Social Security Crisis, Obama Social Security, Politics News

President Obama and the leadership in Congress have delegated enormous, unaccountable authority to 18 unrepresentative, inordinately wealthy individua...

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Vanishing Social Security COLA Adjustment Will Squeeze Some Seniors

Mark Miller | Posted 05.25.2011

Read More: Social Security, Economic Recession, Inflation, Cost of Living, Recession, Retirement, Retirement Funds, Senior Citizens, Saving for Retirement, Social Security Crisis, Social Security Benefits, Cola, Business News

The vanishing COLA will squeeze many retirees hard. Social Security provides, on average, about 39 percent of income for retired households and more than 50 million people receive benefits.

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A Terrible Day for the Economy, But a Great Day to Note the Social Security Noncrisis

Harold Pollack | Posted 05.25.2011

Read More: Federal Deficit, McCain Social Security Privatization, Social Security Crisis, Economy, Lehman Brothers, Merrill Lynch Buyout, Lehman Brothers Bankruptcy, Fannie Mae Freddie Mac Bailout, Business News

Whatever you may hear, the system is in remarkably good shape these days, even as everything else seems headed to hell in a hand basket. Today is a great day to remember how terrific Social Security really is.

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John McCain Supports Private Accounts For Social Security

Think Progress | Posted 05.25.2011

Read More: John McCain Economic Policy, John McCain, McCain Economics, Social Security Private Accounts, McCain Social Security, McCain Private Accounts, Social Security Crisis, Social Security Privatization, Politics News

On Bill Bennett's radio show yesterday, former Hewlett-Packard CEO Carly Fiorina -- who is currently a leading economic adviser to Sen. John McCain (R...

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Don't be Distracted. Vote For Your Pocket Like the Fat Cats Do

R.T. Eby | Posted 05.25.2011

Read More: Bittergate, Deficit, Barack Obama, Senator Obama, Economy, Ronald Reagan, African Americans, Voodoo Economics, George Bush, Black Folk, Welfare Queen, Social Security Crisis, Social Security Benefits, Home News

Ronald Reagan took aim at so-called welfare queens as a way to make the wealthy more wealthy. He gutted social security and social programs. Variations of his bait and switch have been going on ever since.

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NYT's Krugman Blasts Obama Again Over Social Security "Crisis-Mongering"

The New York Times | Paul Krugman | Posted 05.25.2011

Read More: Paul Krugman on Barack Obama, Barack Obama Social Security, Paul Krugman, Social Security Crisis, Paul Krugman Barack Obama, Obama Social Security, Barack Obama, Politics News

The great Social Security debate of 2005 was a seminal moment for American progressives. Conventional fiscal wisdom in the Beltway was that the aging ...

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