Time Is On Our Side: The Survival of Social Security

truth-out.org — As we approach budget time we can look forward to another burst of handwringing by the Washington elites, who will once again tell us about the need to cut Social Security and Medicare. News stories and opinion columns will be filled with solemn pronouncements about how these programs must be curtailed before they drive the nation to bankruptcy. We can look forward to that famously deceptive graph showing how the cost of Social Security, Medicare and Medicaid are projected to soar as a share of the economy over the next two or three decades. Those with good eyes will notice that it is the cost of Medicare and Medicaid that are soaring, not Social Security. But this is old hat. We know that the elites tell stories to advance their agenda. What is worth noting — and celebrating — is that thus far they have failed.

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