Article • Dean Baker’s Beat the Press
Social Security’s long-term financing shortfall is driven primarily by decades of rising income inequality and slower wage growth, not an aging population or overly generous benefits.
Article • Dean Baker’s Beat the Press
The projected Social Security shortfall reflects decades of upward income redistribution and is significantly smaller than the military spending increase proposed by the Trump administration.
Article • Dean Baker’s Beat the Press
Elon Musk’s calls for a universal high income contradict his repeated claims that the government cannot afford Social Security and Medicare.
Article • Dean Baker’s Beat the Press
Social Security privatization depends on stock return projections that only work if market valuations rise to implausible levels for decades.
Article • Dean Baker’s Beat the Press
Trump accounts are unlikely to replace Social Security, offering limited benefits while Republicans simultaneously cut programs many families rely on.
Article
Social Security is an incredibly successful program that can be updated for long term sustainability.
Article
It’s only early March, but millionaires are already done with their contribution to Social Security for the year.
Article • Dean Baker’s Beat the Press
Despite claims from wealthy interests, Social Security remains a highly efficient, progressive program that protects millions from poverty in retirement.
Article • Dean Baker’s Beat the Press
The current political trend is to talk about “affordability,” but does that obscure some more fundamental truths about the state of the labor market?
Article
On its 90th birthday, let’s celebrate Social Security as a remarkable triumph — and work to make it more generous.
