Sylvester Schieber, who was George W. Bush's appointee as Chairman of the Social Security Advisory Board, has a new book out, The Predictable Surprise: The Unraveling of the U.S. Retirement System. Predictably, the book is hostile to Social Security. Here are some excerpts from Robert J. Samuelson's review in the Washington Post:
[Social Security] has become what was then [the 1930s] called “the dole” and is now known as “welfare.” This forgotten history clarifies why America’s budget problems are so intractable. ...
What we have is a vast welfare program grafted onto the rhetoric and psychology of a contributory pension. The result is entitlement. ...
By all rights, we should ask: Who among the elderly need benefits? How much? At what age? If Social Security and Medicare were considered “welfare” — something the nation does for its collective good — these questions would be easier. We would tailor programs to meet national needs. But entitlements are viewed as a higher-order moral claim, owed individuals based on past performance. So a huge part of government spending moves off-limits to intelligent discussion.
We once had a broad consensus on Social Security. People like Schieber have been paid to disrupt that consensus. Those who support the continued existence of Social Security need to understand that there is a group of well-paid "experts" based in Washington whose job is to undermine Social Security. They are funded by right-wing enemies of Social Security. Schieber is one of this group. They produce books, blog posts, op ed pieces and studies. They are always available to speak on television and at conferences. They get appointed by Republicans to be on prestigious commissions and boards. They pose as scholars but they are just polemicists.
Samuelson's fawning review has already drawn a response from Jared Bernstein.
Samuelson's fawning review has already drawn a response from Jared Bernstein.