GW Law professor and economist Neil H. Buchanan explains why Social Security is so important, and why Republicans’ claim that it is “going to go broke” is so dishonest. Buchanan briefly describes how Social Security was designed and why, because of that design, it is performing exactly as expected and intended when it was set up.
George Washington law professor and economist Neil H. Buchanan explains why young Americans and black Americans should not believe Trump’s (and Republicans’) claims that they have nothing to lose by dismantling Social Security and Medicare. Buchanan describes the so-called reduced benefits scenario that could happen in the unlikely event that the trust balance reaches zero and contrasts that with the enhanced benefits that could result from a Clinton presidency.
George Washington University law professor and economist Neil H. Buchanan explains why, contrary to claims by Republicans, Social Security is not on the brink of bankruptcy or insolvency. Buchanan points out that even in the unlikely event of the worst case scenario—where the Social Security trust fund reaches zero—retirees would still receive modest benefits.
George Washington University law professor and economist Neil H. Buchanan argues that Social Security will still be there when today’s youth retire, despite claims to the contrary by Republicans and the media. Buchanan explains the key difference between the Social Security trust fund and the Social Security system generally.
George Washington law professor and economist Neil H. Buchanan discusses a topic that is gaining traction among Democrats in Congress and across the country—the suggestion that retirement benefits paid by Social Security be increased.