Tuesday, April 24, 2012
The Not-So-Secret Weapon of the Campaign to Destroy Social Security: Cynicism
First, read these two articles, one from the Harvard School of Journalism, the other from the New York Times, back to back. A match made in heaven, no?
Now that you’ve done your homework, here is my take. For the past thirty years we have seen repeated campaigns to eviscerate Social Security—to privatize it, siphon off its finances, drain it of its essential social insurance character. These have failed, not because of the brilliance or commitment of its defenders, but simply because it fulfills a vital social function and is wildly popular. Even those who, in their heart of hearts, want to crush it to bits, claim to be in favor of “saving” it. So what’s the strategy of the anti-SS minions?
Cynicism. Convince younger voters, whose benefits are still decades away, that the program is dying a slow but certain death, and that politicians are too myopic or pandering or just stupid to do anything about it. From time to time I poll my students, and by a big majority they always tell me that SS will not be around to support them in their retirement. (Not that this has provoked a big Feldsteinesque spike in their personal savings....) As this mindset takes hold, it becomes easier to simply tune out the debate over SS. After all, it’s not like it’s actually going to be there when I’m old, no matter what they say, right? At some point, it goes from being a third rail to a footnote to just background noise, to mangle a bunch of metaphors.
What I’d like to see are news stories that say something like, “Social Security has had its ups and downs, but it’s in better financial shape now than it was a generation ago, and unless its enemies prevail, it will be there for you when you need it.”