Social Security: The “IOU … Nothin'” Argument Strikes Again

Allan Sloan, Senior Editor at Fortune and a frequent Washington Post contributor, is usually a smart and fair guy with a knack for seeing through the usual DC economic spin. That’s why it’s particularly disappointing to see him get it wrong on Social Security trust funds, and in a way that provides ammunition to those who would do the wrong thing morally. Today’s piece by Sloan is an excellent example of the arguments being used to justify breaking commitments to working Americans. So, even if that’s not his intent, it’s important to respond.

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