Friday, March 11, 2005

Slanting Social Security

Slanting Social Security
By PAUL KRUGMAN
The New York Times
Published: March 11, 2005
Many people involved in the debate over Social Security's future worry that the 2005 trustees' report will be slanted in favor of privatization.
I don't expect to see books that are literally cooked: Stephen Goss, the agency's chief actuary, has an excellent reputation. But it's not out of the question. After all, in 2003 the chief actuary of Social Security's sister agency, which oversees Medicare, was told that he would be fired if he gave Congress accurate information about the cost of the Bush Medicare bill.
Even if the numbers aren't fabricated, however, it's a good bet that they will be presented in a way intended to make Social Security's financial outlook seem much bleaker than it really is.....