MSNBC: We demand consequences for 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
Over 100,000 asked 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 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.
After receiving criticism from Social Security Works, the LA Times' Michael Hiltzik and others, Huntsman returned to the show to dismiss those who pointed out the inaccuracies.