Andrew Biggs knows small incremental increases in SS withholding would resolve any shortfall. The plan presented by Dale Coberly is such and it was agreed up by the Social Security administration as workable. This has been a long running back and forth with Andrew Biggs whose only plan is cuts in Social Security and its demise. Dale and Bruce held a back and forth with Andrew Biggs here: Notes on Social Security Reform: Responding to Angry Bear:...
Read More »Social Security The Wall Street Journal And The Art of Lying
Dale Coberly discusses an article written by Andrew Biggs “No, Social Security Isn’t ‘Earned’,” WSJ [Dear reader: this is very long. It had to be to refute all the claims made by the author of the WSJ op ed. You don’t have to read it if you don’t want to, or all of it, or all in one sitting. But I hope it will help you understand the truth about how Social Security works.] I read an article the other day [December 8] in the Wall Street...
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