December 15, 2010

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Don’t Touch Social Security: Drive for Cuts Based on Deception

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Mark Weisbrot
According to a recent CNN poll, 60 percent of Americans under 60 and 70 percent of those under 50 believed that Social Security will not be able to pay them a benefit when they retire.

In reality, the likelihood that any living American’s Social Security benefits will not be paid to them when they retire is about the same as the probability that there will be no U.S. government at that time. Is anybody banking on that?

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Just wondering, in this small sample of people, how Christmas shopping is going for you all?

Are you spending as much as you generally do?

Do you find prices rather outrageous?

What are you impressions of what is out there?

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