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State and Local Government / Transparency

An Ostrich Talks About Social Security in the New York Times

By David Stokes on Jul 13, 2009

If you are writing an article about long-term planning for how best to collect your Social Security benefits, shouldn’t you at least consider adding something, somewhere, about the program’s eventual, almost-guaranteed-to-happen, insolvensies? I am fully aware that the article is making a different point, but it is exactly writings like this that cause people to continue to hold the delusion that they have a bank account in D.C. with their money in it — money that will provide them with their full retirement, rather than requiring other, younger taxpayers to support them.

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About the author

David Stokes

Director of Municipal Policy

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