//
you're reading...

Campaign Finance

Another D’oh From Simpson.


Told that the data came directly from the Social Security Administration, Simpson continued to insist it was inaccurate, while misstating the nature of a statistical average: “If you’re telling me that a guy who got to be 65 in 1940 — that all of them lived to be 77 — that is just not correct. Just because a guy gets to be 65, he’s gonna live to be 77? Hell, that’s my genre. That’s not true,’ said Simpson, who will turn 80 in September. Understanding life expectancy rates at age 65 in 1940 is central to understanding Social Security itself.

In keeping with his informative interview with Alex Lawson last fall, former Wyoming Senator and co-head of the president’s deficit commission Alan Simpson — while railing against AARP — proves once again knows as little about Social Security as he does about hip-hop. So, yeah, by all means let’s put him in charge of social insurance “reform.”

Simpson’s forceful gesture came after an extended diatribe against Social Security, which he said is a ‘Ponzi’ scheme, ‘not a retirement program.’ Simpson argued that Social Security was originally intended more as a welfare program.Um, no. But, in Simpson’s defense, the president who appointed him also harbors some misunderstandings about Social Security. And at least the Senator is right on public financing of elections. So, there’s that.

Discussion

No comments yet.

Post a Comment

Omsbudsdog Emeritus

Photos on flickr

Recent Tweets

Pinterested

Follow Me on Pinterest 
My Pinterest Badge by: Jafaloo. For Support visit: My Pinterest Badge

Visions



Boyhood (10/10)

Visions Past

Snowpiercer (7/10)
X-Men: Days of Future Past (7.5/10)
The Double (7.5/10)
Blue Ruin (8/10)
God's Pocket (6.5/10)
Devil's Knot (5/10)
Under the Skin (7.5/10)
Nymphomaniac, Vol. 1 (3/10)
Captain America: The Winter Soldier (8.5/10)
The Grand Budapest Hotel (6/10)
300: Rise of an Empire (4/10)
Robocop (5.5/10)
The Lego Movie (8.5/10)
The Monuments Men (4/10)
GitM BEST OF 2013
GitM Review Archive

Currently Reading


The Weirdness, Jeremy Bushnell

Recently Read

How to Live Safely in A Science Fictional Universe, Charles Yu
The Boys in the Boat, Daniel James Brown
Command and Control, Eric Schlosser
The Goldfinch, Donna Tartt

Uphill All the Way

Syndicate this site:
RSS 1.0 | Atom (2.0)

Unless otherwise specified, the opinions expressed here are those of the author (me), and me alone.

All header images intended as homage. Please contact me if you want one taken down.

GitM is and has always been ad-free. Tips are appreciated if the feeling strikes.

Archives