Robert Ball writes on op-ed on Social Security in the Washington Post. Some may remember that Mr. Ball served on the 1983 “Greenspan Commission” that made major revisions to Social Security and has been deemed a major success. He’s a smart man who thinks that further cutting benefits would be wrong.
Social Security benefits are modest by any measure and are already being cut -- by raising the age of eligibility for full benefits and by deducting ever-rising Medicare premiums from benefit checks. So the benefits provided for under present law will replace, on average, a lower percentage of prior earnings than in the past. To cut them further would undermine all that Social Security has achieved -- exposing millions of vulnerable people, both elderly and disabled, to needless economic hardship
