MSNBC: Issue an on-air correction to Huntsman’s false attcks on Social Security
On Thursday, March 13, 2014, MSNBC personailty Abby Huntsman spoke on “The Cycle” about the need to cut Social Security benefits in order to preserve them for future generations.
We ask that MSNBC issue an on-air correction to Huntsman’s segment and that Richard Eskow and Richard Fowler be invited on “The Cycle” to refute her claims. Eskow and Fowler recently co-authored a rebuttal to Huntsman, published this weekend in the Huffington Post. (link)
In the segment, Huntsman offers flawed average life expectancy data as evidence that Social Security is unsustainable. She claims that our choices are to either cut Social Security benefits by as much as 20% or raise the retirement age to 75, or have “nothing left” for her generation.
All of this is flat wrong. Today, Social Security can pay out 100% of promised benefits through 2033 and 75% of promised benefits through 2087, importantly 75% of promised benefits in 2033 would still be higher than benefits are today. The simplest solution to the problem Huntsman exaggerates is to ask millionaires and billionaires to pay into Social Security at the same rate as the rest of us.
Huntsman is creating a phony “generational war” between young and old, simply repeating talking points ginned up by Wall Street billionaire think tanks.
We demand that MSNBC issue an on-air correction to Huntsman’s false attacks on Social Security.