Robert Pozen says that completely eliminating the Social Security deficit is not politically feasible.

Posted by Staff on January 13, 2005 |

Robert Pozen responds to accusations from Peter Orszag that his plan to decrease the Social Security deficit does not get the job done. Pozen maintains the proposal of Peter Orszag and Peter Diamond is an unrealistic goal because no politician is willing to support the amount of benefit cuts and tax hikes necessary to reduce the deficit to zero and that cutting the deficit in half is enough of a challenge already. (:49)

 
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January 13, 2005
« John J. Sweeney, the President of American Federation of Labor and Congress of Industrial Organization, talks about the importance of enforcing workers’ right in China
Robert Pozen explains how his plan for progressive indexing will reduce the Social Security deficit. »
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