June 14, 2004

THE REAGAN LEGACY:

Report: Social Security stronger than thought (LEIGH STROPE, 6/14/04, Associated Press)

Social Security's long-term prospects are better than previously thought, a congressional report said Monday, estimating the program won't become insolvent until 2052, a decade later than projected earlier this year.

The report by the nonpartisan Congressional Budget Office still paints a bleak financial picture for the future of the retirement system, which faces significant strain as the aging baby boom generation retires.


The case for reform is moral, not fiscal.

Posted by Orrin Judd at June 14, 2004 5:36 PM
Comments

True enough, although our children would say both (once they know the math).

Posted by: jim hamlen at June 14, 2004 10:08 PM

If it ain't broke, keep fixin' it till it is.

Posted by: Harry Eagar at June 15, 2004 2:29 AM

But if the foundation is cracked, do you wait until the house falls down?

Posted by: ratbert at June 15, 2004 10:43 AM
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