Kevin Drum continues hammering on the made-up Social Security "crisis." It turns out that, in 1994, the Social Security trustees' projection had Social Security hitting serious trouble in 2029, 35 years out. Today, the 2004 projection says 2042, 38 years out. That's right, even though time marches on, the Social Security "crisis" is getting farther away.
Drum's got a nice little graphic here and the absolutely correct solution to the "problem" as well: We should do nothing.
Posted by Aaron S. Veenstra ::: 2004:12:13:18:34