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Social Security

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Saving Social Security with Private Accounts…

Tuesday, September 13th, 2011

Okay. This guy’s voice is incredibly annoying. This video is interesting but he doesn’t go into any detail. Where are the details? Give us specifics. Their six reasons for private accounts: 1. Social Security is broke 2. Payroll taxes already are too high 3. Social Security is a bad deal for workers 4. Personal accounts […]

The WSJ on Rick Perry’s Social Security Comments

Monday, September 12th, 2011

I know the editors at the WSJ are pro-business but I thought their piece regarding Rick Perry’s comments about Social Security being a ponzi scheme were interesting: He’s [Rick Perry] even technically right that Social Security is a species of Ponzi scheme (if not a criminal enterprise) in the sense that young people today are […]

Is This Proof That Social Security is a Ponzi Scheme?

Thursday, August 4th, 2011

My post from Tuesday generated quite a few comments. One of those comments was one from Jim. I copied the opening paragraph to his comment below: I’ve paid the maximum every year for 46 years and invested even more than that in the stock market. Funny thing – one day I woke up and all […]

Robert Wright: Social Screwity

Tuesday, September 21st, 2010

Following is a guest post from Dr. Robert Wright, Nef Family Chair of Political Economy at Augustana College SD, and author of numerous books. Thanks for yet another opportunity to reach out to your large and informed audience. The last time I posted on your blog, Fubarnomics: A Lighthearted, Serious Look at America’s Economic Ills* […]

Should We “Means Test” Social Security?

Saturday, August 21st, 2010

Listen to the first few seconds of this video of President Obama explain the social security situation. Watch the latest video at This morning I watched a clip on Fox News (not the above clip) with a panel discussing social security and the above clip of Obama. One of the panelists, a Democratic strategist, […]

From U.S. News: Ten Things You Didn’t Know About Social Security

Thursday, August 19th, 2010

Emily Brandon wrote an article for U.S. News & World Report titled 10 Things You Didn’t Know About Social Security. The most interesting of the 10 things: Social Security numbers have significance. The first three digits of your Social Security number are assigned based on geographical region, with the lowest numbers being assigned in the […]

Had You Maxed Out Social Security Over the Last 30 Years…

Wednesday, April 14th, 2010

I like looking at numbers. I like taking situations and looking at them differently. One of the areas I have been thinking about lately is social security. A lot of us just dismiss social security as something that we pay into over a career and then the government will pay us back when we retire. […]

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