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Beat the Press: The Washington Post War on Social Security Continues (8/25/08) by Dean Baker

Upon reading the Post's latest scary Social-Security-will-fail-in-2018 article, Baker offers yet another corrective:

Of course, 2018 is completely irrelevant to the finances of the program. At that point, the program is projected to have accumulated more than $5 trillion in government bonds. But the Post wants to scare readers to advance their Social Security agenda, so they trot out 2018 as though it is a date that anyone needs to worry about.

The positive side of this story is that Social Security's finances look much better than the Post's. If it keeps making up scare stories about Social Security, perhaps the date of its demise will be hastened.


See FAIR's Action Alert: Social Security Scaremongering: ABC, Washington Post Push Well-Worn 'Crisis' Myths (10/19/07)

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