Social Security: Truth or Useful Fictions?

Authors

  • L. Randall Wray

Abstract

Political rhetoric around Social Security is so thick these days that it seems everyone has lost sight of reality. Finding a meaningful policy solution means we need to separate truth from politically useful fiction. Here are the facts that dispute some common misconceptions about Social Security. The bottom line: Social Security does not face an economic crisis; the program can only be threatened by a lack of political will.