COY: That 's a good point. The social security numbers...the trust fund is not the crucial issue. That's why people say that medicare is where the bigger problem...but, social security...um...[is] probably going to have to have a higher...um...retirement age..but, you know...funny thing...I think that's a good point you're making there. I'm going to go back and look at that more closely for next week's story.
Now my point is that we have been looking at those trend lines for some ten years, I mean we the Blomberg audience and most of the webosphere. So this idiot comes to an interview as an economics editor and just now figured out that SS is not the real problem? This man is either a liar or an idiot; and whoever runs Bloomberg had better take notice.
HT from a comment on the Thoma site. (Stunney)
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