On Tax Day, we recommend to you a recently-posted article from our March/April issue, Go Ahead and Lift the Cap, in which economist and D&S collective member John Millerresponds to a Clinton campaign flyer claim about Obama's proposal to raise the cap on income subject to Social Security taxes. To her credit, Hillary Clinton has publicly questioned the very idea of a "Social Security crisis" (as we have repeatedly in the pages of D&S, e.g. here and here). But her criticism of Obama's proposed reform is off target.
We also recommend this item, from Craig Jennings of OMB Watch:
Social Security: Its Long-Term Outlook Is Still Just Peachy
Expressed in relation to the projected gross domestic product (GDP), OASDI cost is estimated to rise from the current level of 4.3 percent of GDP, to 6.0 percent in 2030, and then to decline to 5.8 percent in 2082.
