The Economics of Social Security in the Presidential Race

From Nation of Change, by Dean Baker It is remarkable that Social Security hasn’t been a more prominent issue in the presidential race. After all, Governor Romney has proposed a plan that would imply cuts of more than 40 percent for middle-class workers just entering the labor force. Since Social Security is hugely popular across …

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There’s nothing ‘courageous’ about raising the Social Security retirement age

Via Ezra Klein at the Washington Post: In an interview with Dylan Matthews, Nobel laureate economist and Social Security expert Peter Diamond  unloads on those who think the simplest and fairest way to “fix” Social Security is to raise the retirement age, which would particularly hurt seniors who retire early at age 62. What do …

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Seators Murray and Cantwell join Senate Dems to oppose Social Security cuts in debt deal

From thehill.com: Senate Majority Leader Harry Reid (D-Nev.) and 28 other members of the 53-member Senate Democratic caucus have signed a letter opposing any cuts to Social Security as part of a deficit reduction package. The letter forms a significant marker as Congress looks toward a possible deficit bargain in the lame-duck session after the …

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