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Social Security And Medicare: Article Analysis

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Social Security And Medicare: Article Analysis
The five biggest lies about entitlement programs
Social Security and Medicare are big issues, and not everyone is telling the truth about them.
March 08, 2013|Michael Hiltzik

Lie No. 1: The payroll tax hike is killing the retail economy.
As with all great lies, there's a nugget of truth buried inside this one. Evidence exists that the lower paychecks most American consumers started seeing at the beginning of the year took a bite out of consumer spending
Lie No. 2: "Entitlement" benefits for millionaires and billionaires are a costly problem.
This is a favorite of people like hedge fund billionaire Peter G. Peterson, a sworn enemy of Social Security and Medicare. The theme is: Look how wasteful Social Security is — why it even goes to people
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