Interesting. I didn’t know about that 1960 decision.
Still, I think in this situation, the president’s attitude toward the programs is the most important thing. If he considers them earned programs, then his sense of fairness would oblige him to leave them alone. Also his promises about them.
Kudlow could be one of those people the mystery NY Times op-ed person was referring to. Or the person who wrote it.
Still, I think in this situation, the president’s attitude toward the programs is the most important thing. If he considers them earned programs, then his sense of fairness would oblige him to leave them alone. Also his promises about them.
The problem is not our President's attitude toward SS, the problem is some future President's attitude.
If we ever get a "progressive socialist" or anything like that, there is nothing at all to stop them from changing SS from a contribution based program to a pure redistribution program. Those who actually saved for their own retirement will be cut off, while those who didn't save will be rewarded.
Since SS is going to run out of money in ~ 15 years, this will be a big deal in most of our lifetimes.