Source: Washington Post
by Ramesh Ponnuru
“Another report, another dire prediction about Social Security. The Congressional Budget Office now estimates that the program’s trust fund will run out of money in 2032, during the next presidential term. The predominant response of official Washington was to ignore this warning like the ones before it. The serious-minded, public-spirited exceptions continued to ask: How are we going to save Social Security? Virtuous though they are, they’re asking the wrong question. It’s even backward, in that it focuses on the program rather than on the goals the program is supposed to serve. Better to ask instead: What kind of retirement system makes sense? And despite Social Security’s popularity, few Americans would design it as it currently is if they were answering that question from scratch.” (02/25/26)