Category: Social Security Reform

The Deficit Unmasked: The Social Security Problem Nobody Is Talking About

Most of the discussion of critical Social Security dates has moved from the meaningless Trust Fund exhaustion date in around 2042 to the more significant 2017 date when payroll tax receipts fall below required benefit payments. However, there is a import… more »

Social Security and the National Savings Rate

Re: An Economy On Thin Ice (by Paul Volcker, Washington Post Op/Ed, 4/10/05) http://www.washingtonpost.com/wp-dyn/articles/A38725-2005Apr8.html To the Editors: Paul Volcker mentions Social Security and our low national savings rate in the same par… more »

Market Impact of Personal Social Security Accounts

re: Fears of pumped-up profits are overinflated (USA Today Op/Ed 4/6/05) http://www.usatoday.com/news/opinion/editorials/2005-04-06-our-view_x.htm To the Editors: In addition to the misconception about personal accounts being a major windfall for… more »

Clearing up public misconceptions about Social Security

PUBLISHED in the Rocky Mountain News 4/13/05 http://www.rockymountainnews.com/drmn/opinion/article/0,1299,DRMN_38_3694823,00.html re: Why is Social Security rate of return so poor? (Rocky Mountain News, Letter to the Editor, 4/6/05) http://www.rocky… more »

Social Security reform: Continuing the Conversation with WCV

I'm really enjoying this conversation with WCV. This is exactly the person the Republicans should be convincing of the benefits of reform, yet they're not getting it done effectively. WCV is asking fundamental questions, questions which any pro-reform p… more »

Response to a reader re: Social Security indexing and more

A thoughtful blog reader posted a comment with two concerns in response to my last piece about bankruptcy protection for Social Security and other retirement accounts. I think the concerns (and my response) are interesting enough to post as a separate a… more »

Supreme Court: Creditors can't seize IRAs (or Social Security); Another reason low-income workers should support Social Security Reform

Re: Supreme Court: Creditors Can't Seize IRAs http://news.yahoo.com/news?tmpl=story&u=/ap/20050405/ap_on_go_su_co/scotus_bankruptcy or http://ap.washingtontimes.com/dynamic/stories/S/SCOTUS_BANKRUPTCY?SITE=DCTMS&SECTION=HOME or http://www.wa… more »

Ed Crane (Cato Institute) to Karl Rove about Social Security

Hello all, I'm in Steamboat Springs, taking my 8- and 10-year old nephews snowboarding for a few days. Luckily for me today I got an e-mail from Ed Crane, President of the Cato Institute, which he said I could share. It's a copy of a memo he wrote to… more »

Don't be misled by the 2041 insolvency date for Social Security. (The real problem is barely more than 10 years away.)

re: Social Security Insolvency Date Revised to 2041 (LA Times article, 3/23/05) http://www.latimes.com/news/nationworld/nation/la-032305social_lat,0,5557111.story? To the Editors: Focusing on 2041 as the "insolvency" date for Social Security is a… more »

Response to a reader: Financial Transaction Taxes are not the solution

A reader posted an interesting comment arguing against certain types of tax reform and for a financial transctions tax, such as when someone buys stock or bonds. As always I appreciate a thought-provoking comment, whether I agree or not. In this case… more »
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