Strengthening Social Security:

by Rodney Berry

Is there a crisis?

While the Social Security debate intensifies, there appears to be common ground in acknowledging that something should be done, that we are faced with difficult choices, and that it is better to address the issue now rather than later.

© Reprinted with special permission of North America Syndicate.	© Reprinted with special permission of North America Syndicate.
YES	NO
“Social Security will be flat bust, bankrupt…unless we act. Social Security is in crisis. The system is broken, and promises are being made that Social Security cannot keep.” – President George W. Bush “Only 6.7% of Americans agree that there is no Social Security crisis; 52% believe Social Security is facing major problems.” – Cato Institute survey “By 2042, when workers in their mid-20’s begin to retire, the system will be bankrupt – unless we act now to save it.” – White House Fact Sheet “The one thing I can say for sure is that if left unattended, the system will be unable to make good on its promises.” – Joshua Bolten Office of Management and Budget Social Security is like the “Titanic…headed toward an iceberg…a program on the verge of collapse.” – Stephen Moore, author Bullish on Bush: How George W. Bush’s Ownership Society Will Make America Stronger	“The President says Social Security should be reformed because it is in ‘crisis.’ That is an exaggeration. Social Security should not be reformed because there is a crisis but because there is an opportunity.” – George Will “Social Security is the most successful domestic program in American history… (however) in its present form, is unsustainable…we should come up with a plan that is different than what President Bush and most of his pundits are proposing.” – Paul O’Neill former U.S. Treasury Secretary “Some of the information being imparted by governmental officials is not factual, not accurate. There is no immediate crisis.” – Witold R. Skwierczynski President, Social Security Council Federation of Government Employees Social Security “…is solvent long into the future.” – Dean Baker Center for Economic Policy Research “Social Security is not in crisis, but the status quo cannot continue either. But a radical overhaul is not needed.” – William D. Norvelli, CEO AARP

"Why change course? We won't be totally bankrupt for years!"
© Reprinted with special permission of North America Syndicate.

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YES

“Social Security will be flat bust, bankrupt…unless we act. Social Security is in crisis. The system is broken, and promises are being made that Social Security cannot keep.”
– President George W. Bush

“Only 6.7% of Americans agree that there is no Social Security crisis; 52% believe Social Security is facing major problems.”
– Cato Institute survey

“By 2042, when workers in their mid-20’s begin to retire, the system will be bankrupt – unless we act now to save it.”
– White House Fact Sheet

“The one thing I can say for sure is that if left unattended, the system will be unable to make good on its promises.”
– Joshua Bolten Office of Management and Budget

Social Security is like the “Titanic…headed toward an iceberg…a program on the verge of collapse.”
– Stephen Moore, author Bullish on Bush: How George W. Bush’s Ownership Society Will Make America Stronger

“The President says Social Security should be reformed because it is in ‘crisis.’ That is an exaggeration. Social Security should not be reformed because there is a crisis but because there is an opportunity.”
– George Will

“Social Security is the most successful domestic program in American history… (however) in its present form, is unsustainable…we should come up with a plan that is different than what President Bush and most of his pundits are proposing.”
– Paul O’Neill former U.S. Treasury Secretary

“Some of the information being imparted by governmental officials is not factual, not accurate. There is no immediate crisis.”
– Witold R. Skwierczynski President, Social Security Council Federation of Government Employees

Social Security “…is solvent long into the future.”
– Dean Baker Center for Economic Policy Research

“Social Security is not in crisis, but the status quo cannot continue either. But a radical overhaul is not needed.”
– William D. Norvelli, CEO AARP

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