I was looking through some old columns of mine and I found one from about 15 years ago with an intriguing headline: “Little Green Martians and Social Security.” I wrote that column in reaction to a news story that was…
that column in reaction to a news story that was running in media outlets around the country based on a poll of young people that asked a question that went something like this: “Do you believe you will have a better chance of seeing a Social Security check someday or of seeing Martians land on Earth?” And guess what? Most people answered that they figured they’d be more likely to see little green men from outer space than their promised Social Security benefits.
And that story always reminds me of something I learned from one of my mentors when I started working for the Social Security Administration. He was a fairly high-placed official within the agency who started working for the SSA shortly after it was created in 1936. And he told me that way back then, many members of the public were telling him that the Social Security program was doomed to failure.
But of course, I’m not naïve. I know what fuels people’s recent skepticism about the future of the program. You can hardly go a week without seeing some newspaper report or some internet story predicting Social Security’s demise. I added the emphasis to the “if no changes are made” part of that sentence because it is the key. The Social Security program will never reach the point where future benefits will have to be cut by 20% because there is absolutely no question that the system will be reformed before we reach the 2034 crunch date.
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