Friday, November 22, 2013
New York Times questions conventional wisdom on Social Security reform proposals
Paul Krugman offers an important op-ed in the New York Times Friday, “Expanding Social Security”, link here.
Krugman challenges some conventional conservative debate points on entitlement reform.
One bullet point is that the longer lifespans argue for raising eligibility age. Longer lifespans occur largely with higher income individuals, whereas poorer people, who may have worked in dangerous occupations involving manual labor and hazardous conditions and who may “need” benefits more, have seen relatively little increase in life span.