Of course there is no "crisis." The projections were always based on pessimistic outcomes that had no bearing on the economy.
There is no Social Security crisis. Contrary to the sky-is-falling prognosticators, we don't have to destroy Social Security to save it. We don't have to turn it over to Wall Street, raise the retirement age (which is a benefit cut for future generations), or adopt a cost-of-living adjustment that guarantees benefits won't keep up with inflation, leaving our oldest seniors vulnerable.
We do need to agree on a modest and manageable set of reforms to address Social Security's modest long-range funding gap. However, reforms touted as a "grand bargain" but designed to cut middle-class benefits in exchange for tax cuts is a "bargain" our nation cannot afford.
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