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Setting the Record Straight on Social Security’s Mortality
One of the more prominent and durable myths about Social Security is the persistent proclamation of the program’s trajectory toward disappearance, with many pundits even setting a timeline for this death march. You’ve probably seen the headlines (e.g., “Social Security will be bankrupt by 2033,” “Social Security is Going Broke,” and so on) or have heard that the program is a Ponzi Scheme built on a house of cards set to collapse in less than a decade. But if you’ve taken the time to research the issue (and the facts), you know that this hyperbole is typically espoused by those who either don’t understand, ignore the facts, or are pushing a separate agenda. In any event, we’ve frequently posted numerous articles here combatting this myth and explaining the way Social Security operates and the realities associated with the program, and here is yet another, this one from a 32-year veteran of the Social Security Administration and a former director of SSA’s public information office, Tom Margenau, Read his tucson.com post here…