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by digby
Greg Anrig has written a great, succinct myth-busting piece on Social Security. Here are the five main points in a nutshell:
1. Social Security didn’t create the deficit.
2. Social Security benefits are earned; reducing them amounts to confiscation.
3. Social Security is funded until 2037.
4. The trust fund is invested in bonds, the most secure investment in the world. To suggest that the trust fund wouldn’t pay is blatant fear-mongering.
5. Social Security is an easy fix.
Read the whole thing. Keep it available for when the rightwing harpies start shrieking about deficits and you need to remind yourself of reality.
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