Why Social Security Isn’t Broke, Why We Think It Is and Where the Money Went
Los Angeles Times business columnist Michael Hiltzik has an essential piece today debunking what he calls “The Myth of the Social Security system’s financial shortfall.” It’s based on the newly-released 2010 report of the Social Security Trustees. In fact, he argues, Social Security is doing fine, sort of. If there’s a problem, it’s the fact…