Did You Know...



By Michelle Malkin  •  May 31, 2005 05:08 AM

The Washington Post editorial board likes President Bush’s proposal to adjust how Social Security benefits are indexed:

IS PRESIDENT BUSH advocating cruel cuts in Social Security? Consider these calculations by the Urban Institute’s C. Eugene Steuerle: Government-provided retirement benefits for the average couple retiring in 1960 amounted to $195,000. Today, that amount has grown to $710,000 ($439,000 in Social Security and $271,000 in Medicare, which didn’t exist in 1960). For a couple retiring 25 years from now, lifetime benefits are scheduled to exceed $1 million. Mr. Steuerle’s numbers are adjusted for inflation, so this is real growth.

Is this sensible, given other pressing demands? Is it sustainable, given the impending retirement of the baby boomers? The answer to both questions is no, which is why Mr. Bush’s proposal to adjust the way that increases in Social Security benefits are calculated — a method known as progressive indexing — merits serious consideration.

Bush unveiled the propsosal more than a month ago. The WaPo’s comments are welcome, albeit belated.

blog comments powered by Disqus
Posted in: Media

Josh Earnest: The president’s actions say more about what he believes than his words, or something

November 18, 2015 08:00 AM by Doug Powers



Court confiscates Obama’s pen and phone on executive amnesty while the AP does their thing

November 10, 2015 08:59 AM by Doug Powers


Heartless laws holding back benevolent president

Sex in the balance: CNN sounds alarm about the latest thing climate change is killing

November 6, 2015 10:19 PM by Doug Powers


If you can’t get a date you can always jump a shark

My message to Melissa Harris-Perry: Sweat is color-blind

October 30, 2015 10:14 AM by Michelle Malkin

Ted Cruz nails media’s selective fawning, Hillary brushes off GOP debate with Benghazi hearing clip

October 29, 2015 07:36 AM by Doug Powers


Understanding the co-opponent

Categories: 2016 Campaign, GOP, Hillary Clinton, Media, Media Bias

Follow me on Twitter Follow me on Facebook