Richard Eskow: Social Security Trust – or, Never Lend Money to a Conservative

Never lend money to a conservative. That’s one conclusion to be drawn from recent attacks on Social Security by Bloomberg View columnists Megan McArdle and Ramesh Ponnuru. Apparently promises, even legally executed ones, don’t mean much to their crowd.

McArdle recently expended 1249 words attempting to evade the government’s debt to the Social Security Trust Fund, never really getting much beyond the five-word assertion that “the trust fund isn’t real.” Ponnuru tried to argue that a cut isn’t really a cut.