Social Security Is Not “Paying Itself”
McArdle’s disdain for Social Security is sprinkled throughout her error-laden story. Here are just a few samples (emphasis is ours):
Chained CPI Will Cut Benefits Immediately
Quote:“…economists say you really have to do things like reform Social Security and Medicare and the President’s budget doesn’t do
Social Security Will Exist for Future Generations
Quote: “ ‘President Obama’s plan provides no hope of balancing the budget, no plan to save Social Security or Medicare,
Congress Should Lift the Payroll Tax Cap to Help Future Generations
Quote: “Here’s the reality, at the rate we’re spending, the system (Social Security) will be bankrupt by the time you
Americans Do Not Support A Broad Agreement to Cut Benefits in Order to Preserve Social Security
Quote: “And there's broad agreement Social Security could be made solvent with a mix of relatively small tax increases and
Reporter Promotes Generational Warfare by Making False Claims About Social Security and Medicare
Quote: “[I]f current taxes and entitlement promises are not reformed, the cupboard will be largely bare for today’s Facebook generation” Source: Sorry