Has Paul Krugman been on Franken yet, today?

[eleny]

I missed some of today's broadcast and haven't heard PK yet. He was to be a guest.

[skypilot]

1. Not yet.

He's coming up next, after the commercials.

[eleny]

2. thanks! I'm so glad that i didn't miss him

[StClone]

3. He's on now!

[Bozita]

4. I just came over from Hartmann -- Thanks, Eleny

Krugman's gonna be on Bob McChesney's 'Media Matters' on Sunday at 2pm EST.

[eleny]

5. Thanks for the word

He's on a mission these days.

[JHB]

6. Krugman misunderestimated...

These contradictory predictions from the trustees have been going on for at least TEN years.

1995 article by Doug Henwood for FAIR's magazine EXTRA!:
http://www.fair.org/extra/9507/social.html

Almost no one bothers to investigate the claim of Social Security's coming insolvency, which is based on projections in the annual report of the system's trustees. I did (Left Business Observer, 12/22/95), and discovered that the projections assume the economy will grow an average of 1.5 percent a year (after inflation) for the next 75 years--half the rate of the previous 75, and matched in only one decade this century, from 1910-20. Even the 1930s, the decade of the Great Depression, saw a faster growth rate.

What would happen if the economy grew at a peppier 2.2 percent rate? The trustees provide alternative projections based on that as well, and, gosh, the system remains solvent indefinitely. At 2.5 percent--still slower than the 75-year average--it runs a surplus. About the only other journalist to question the dire predictions for Social Security's future was Robert Kuttner, in his Business Week column (2/20/95).

[212demop]

7. on now!

[LizW]

8. Kick