The media
has reported multiple articles that say the interest in Social Security in
politics is shrinking while the interest in the voter base is growing.
Jed Graham is a great writer on the
issue of Social Security. His article (“Social Security Woes Deepen As
Talk Of Fix Recedes”)
is here. Russ Wiles produced a similar article for The
Arizona Republic, here.
Russ provides more detail on how little the politicians are doing.
The big difference in the articles is
the source of information. Jed normally
relies upon CBO. Russ is using SSA. One program two completely different views.
Here is Jed’s closing – emphasis added.
New projections from
the Social Security Trustees may put Social Security higher up on the agenda.
Last year, Social Security actuaries projected that the trust fund wouldn’t run
dry until 2034, but that estimate built in a far more optimistic economic
outlook than the White House, Federal Reserve or CBO expect. This year’s report could deliver a dose
of reality.
The take-away is that there are two different
pictures of the system that will come together over the next decade.
