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Social Security Financing

Billionaires Against Social Security

Robert Kuttner | Posted 01.23.2014 | Politics
Robert Kuttner

America's very rich keep trying to start a movement among college students to blame senior citizens for the sorry state of the economy that kids will inherit. Specifically, the billionaires keep trying to scapegoat Social Security. The next generation, and the one after that, will have a shot at a decent life if we can get growth and a fairer distribution of earnings back on track. That project has nothing whatever to do with Social Security or the federal deficit. On the contrary, if we keep on the austerity kick and further cut social outlays that promote opportunities, growth will be even slower.