Fake Right-Wing Republican Claims We Cannot Afford to Borrow to Build Infrastructure: For the Virtual Green Room
The Debt Ceiling in Historical Perspective

Claims That Fixing Social Security Is Hard: For the Virtual Green Room

Rebutted by Howard Gleckman:

[T]he [Social Security] system is not “broke,” as some insist, [but] it will have only enough money to provide future retirees with about three-quarters of their promised benefits... [and] those who most need social insurance—single women, low-wage workers, the disabled, and the very old—get much less than they need. On the other hand, those who need benefits least get the most.... [C]ommon-sense principles:

  1. Create a respectable minimum benefit for low-income workers, increase some widows’ benefits, and create an additional benefit for the very old (say, 85 or older).
  2. Raise the retirement age, including the minimum benefit age of 62. An extra year of work would solve about one-third of the program’s funding problems....
  3. Protect those who work physicially demanding jobs....
  4. Increase contributions and reduce benefits for high-earners....
  5. Preserve the defined benefit nature of Social Security. Adding an additional savings component is a good idea. But the public is not interested in taking on additional risk with their retirement.
  6. Be absolutely transparent about benefits and structural changes. Whatever Congress does, there should be no surprises.

Rebuttals to talking-points misinformation that I want to have at the forefront of my brain--for when I am surprised, as I will be, by an unexpected question from an unexpected direction while talking to reporters, phone callers, passers-by, radio interviewers, cable TV interviewers, etc....

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