He presents those facts: the benefits are very modest, averaging $1,170 a month, or about $14,000 a year (among the least generous retirement programs among all the developed nations); Social Security as is will be solvent until 2037, and the measures required to extend solvency beyond that are minor. As Conason says, there is no reason to panic, and "certainly no reason to consider wholesale changes in benefits." MORE...Howie P.S.: Full disclosure---I am now "on the dole," as one of my Palin-loving friends @ work told me. Yes, I have a few Palin-loving friends. Somebody has to be there for them when they need to reboot. BTW that's Joan in the photo, above.
Sunday, February 20, 2011
"Conason: Why do Social Security's self-described saviors 'hate Social Security'?"
Joan McCarter (Daily Kos):