Relevant and even prescient commentary on news, politics and the economy.

SAVING SOCIAL SECURITY SIMPLIFIED

by Dale Coberly SAVING SOCIAL SECURITY SIMPLIFIEDThe Trustees Report came out again this week. And all the newspeople told us again that we are doomed. Doomed. “Social Security is running out of money!” Except it isn’t. And all the Professional Defenders of Social Security rushed out to tell us, “We can save Social Security: just […]

AARP vs. Social Security?

by Dale Coberly AARP vs. Social Security? Last week Huffington Post reported that AARP was embarking on a “Social Security and Medicare “listening tour” called “You’ve Earned a Say and We’re Listening.” Through “town halls, community conversations, bus tours and other events,” the influential organization promises to offer members a chance to speak out on […]

LES MISERABLES: SOCIAL SECURITY

by Dale Coberly LES MISERABLES: SOCIAL SECURITYJavert And Evil From a message from the National Consumer Law Center (reference msaunders@nclc.org): “It’s perfectly fine for a person who failed to pay their child support to end up penniless and living in their car, and to die that way.” – High Ranking U.S. Treasury Official, in response […]

by Dale Coberly SOCIAL SECURITY More How They Lie To Us David Brooks says in a column headlined  Where Are the Liberals? Americans don’t hate government, but “believe the government has been captured by rent-seekers.” This is the disease that corrodes government at all times and in all places. As George F. Will wrote in […]

SOCIAL SECURITY… How They Lie To Us

by Dale Coberly SOCIAL SECURITYHow They Lie To Us The Wall Street Journal in the article Newtitlement State is unhappy with Newt Gingrich’s plan to privatize Social Security. Not only does it know that “privatization” failed when Bush offered it to the country, but they understand that most elected Republicans have distanced themselves from private-account carveouts […]

by Dale Coberly  Social Security…Hearts and Minds Tom Margenau wrote an essay about the payroll tax holiday in The National Memo Is Your Tax Holiday Gift A Lump of Coal? His essay seemed to me to illustrate one of the problems with the Social Security “debate” as it has been constructed. Margenau  describes himself as […]

WHAT KOTLIKOFF (REALLY) SAID

by Dale Coberly WHAT KOTLIKOFF (REALLY) SAID Larry Kotlikoff responded to my post in comments (Social Security: It’s Just Math). by saying that I (coberly) “wrote quite a lot about something I [Kotlikoff] didn’t really say.” He has a point. I based my speculations about where he obtained his misleading numbers on an NPR summary […]

SOCIAL SECURITY: IT’S JUST MATH

Update: By Dale Coberly (was inadvertently omitted as author, although regulars know and the label names him) SOCIAL SECURITY: IT’S JUST MATH or how to lie with numbers “Math doesn’t lie” seems to be the new focus group tested mantra  about Social Security that Congressmen and their journalists are so proud to repeat.  What it […]