Bullying The Seniors

From Bob Herbert via NYT:

The demagogues would have the public believe that Social Security is unsustainable, that it is some kind of giant contributor to the federal budget deficits. Nothing could be further from the truth. As the Economic Policy Institute has explained, Social Security “is emphatically not the cause of the federal government’s long-term deficits, since it is prohibited from borrowing and must pay all benefits out of dedicated tax revenues and savings in its trust funds.”

Social Security is good at least thru the mid-2030s. And once the giant bulge known as The Boomers moves thru the system, it should get a whole lot easier to finance the thing.