Daily Archives: March 29, 2013

Dan Kervick Interviews Bill Black and Marshall Auerback on The Attitude

By Dan Kervick

I had the pleasure of sitting in today for Arnie Arnesen as a guest host for The Attitude on WNHN 94.7 FM in Concord, New Hampshire.   Arnie’s mother passed away over the weekend, and she has taken a one-week personal hiatus.

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Letter to the President: If Social Security Solvency’s really a Problem Then Why Not Do This?

By Joe Firestone

Dear Mr. President,

Over the past 3 years you’ve returned again and again to the idea that Social Security has a long-term solvency problem, and therefore needs “reform,” even though, as of the end of 2012, the “Trust Fund” had nearly $2.7 Trillion in it. In spite of this healthy trust fund asset balance, SS Trustee projections, say that the trust fund will be down to zero by 2033 and that thereafter, until 2086, SS will be able to pay roughly only 75% of scheduled benefits without either cuts or increased sources of revenue. Continue reading