Wednesday, February 25, 2009

Alicia Munnell: A bright light in a dismal landscape

Boston College's Alicia Munnell writes in the Boston Globe about Social Security's role in the time of economic and financial crisis:

Amid all the economic calamity, the Social Security program is functioning perfectly, meeting the crucial economic needs for millions of Americans. When older workers are losing their jobs and their 401(k) accounts are down about 30 percent, the ability to claim Social Security benefits serves as a backstop against severe economic hardship. Therefore, policymakers should tread carefully.

Click here to read the whole article.

1 comment:

Anonymous said...

Hi Andrew,
I actually came to your blog while doing some research on social security disability. I had a question I wanted to ask and was wondering what would be the best method of getting in contact with you? Get in touch with me when you get a chance, thanks!