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GRITtv: Dean Baker: Saving Social Security

Summary:
The favorite bogeyman of the Right, Social Security insolvency, is rearing its ugly head once again. Obama’s deficit commission has been told that no solution is off the table, and Dean Baker notes it wouldn’t be the first time that a Democratic administration went forward with plans that a Republican couldn’t sell to the American ...

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The favorite bogeyman of the Right, Social Security insolvency, is rearing its ugly head once again. Obama’s deficit commission has been told that no solution is off the table, and Dean Baker notes it wouldn’t be the first time that a Democratic administration went forward with plans that a Republican couldn’t sell to the American people.



Baker joins us via Skype to remind us once again that Social Security is solvent for many years, and that there are simple fixes for it if there are problems. He also notes that austerity is a lousy prescription for an economy suffering from a lack of spending. Distributed by Tubemogul.



Dean Baker
Dean Baker is a macroeconomist and codirector of the Center for Economic and Policy Research in Washington, DC. He previously worked as a senior economist at the Economic Policy Institute and an assistant professor at Bucknell University. He is a regular Truthout columnist and a member of Truthout's Board of Advisers.

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