The President is falling for the familiar trap that Social Security faces problems due to an “aging population.” That just misreads life expectancy statistics. Most of the changes in life expectancy can be attributed to reductions in infant mortality and deaths at a young age. Life expectancy for those who have reached the age of 65 is basically the same. So it’s just not the case that massively more people are collecting Social Security than before. And that certainly shouldn’t precipitate any calls for raising the retirement age to 70.
|By: David Dayen Wednesday August 18, 2010 2:55 pm|
|By: David Dayen Thursday July 29, 2010 7:15 pm|
Today, a coalition of 50 organizations dedicated to ensuring no benefit cuts to Social Security launched in Washington. The coalition, including top labor unions, progressive groups like MoveOn.org and Democracy for America, and a host of others, released seven principles that will guide their policy prescriptions.
|By: David Dayen Thursday July 29, 2010 3:10 pm|
The Center for Budget and Policy Priorities has written a report on the catfood commission’s spending cut target, and finds it completely inadequate and bordering on numerology.
|By: David Dayen Wednesday July 28, 2010 7:01 am|
Some House Democrats have tried to use John Boehner’s comments about raising the retirement age against Republicans in the fall elections, but that becomes impossible to do when Steny Hoyer keeps going out and undermining the effort by mimicking Boehner.
|By: brycecovert Tuesday July 6, 2010 4:00 pm|
Jamie Galbraith on how he views the catfood commission.
|By: dcfightsback Wednesday June 23, 2010 7:18 am|
This is the fifth installment of Social Security Works’ weekly livestream of the Closed Door Debt Commission. The best action is around 9:15am and 11:30am, right as members of the commission are entering and leaving.
|By: dcfightsback Wednesday June 16, 2010 8:25 am|
This is the fourth installment of our weekly livestream of the Closed Door Debt Commission. The best action is around 9:15am and 11:30am, right as members of the commission are entering and leaving.
With unemployment hovering around 10 percent following the worst economic collapse in 70 years you would think that members of Congress would be working day and night to get Americans back to work. You would be wrong.
|By: dcfightsback Wednesday May 19, 2010 6:15 am|
This is the third weekly livestream of the Closed Door Debt Commission brought to you by SocialSecurityWorks.org. The best action is around 9:15am and 11:30am, right as members of the commission are entering and leaving.