The Corner

Waste and Fraud

I also watched the Crist-Rubio debate and came out impressed by Rubio (I’d not paid much attention prior to this). One topic stood out for me: Rubio said that on Social Security reform we’re going to have to look at the tough choices like raising the retirement age for younger people, changing COLA payments, etc. If we don’t want to raise taxes, simple math says those are about the only things we can look at. Crist, by contrast, said he’d focus on eliminating “waste and fraud” in the program — a clear sign of non-seriousness. If there’s anything you can say for Social Security it’s that there’s not a ton of waste and fraud in it — we take money from working-age people and give it to old people who qualify based on their earnings and years on the workforce. To think that waste and fraud will get you past first base on Social Security reform is absurd, but seems on par with the rest of Crist’s arguments.

 – Andrew G. Biggs is a resident scholar at the American Enterprise Institute.

Andrew G. Biggs is a resident scholar at the American Enterprise Institute and a former principal deputy commissioner at the Social Security Administration.

Most Popular


An Idea for Student Loans: Get Rid of Them

Here is a three-part plan for something practical the federal government could do to relieve college-loan debt. Step 1: The federal government should stop making college loans itself and cease guaranteeing any such loans. Step 2: It should prohibit educational lending by federally regulated financial institutions ... Read More
White House

The Problem with the Mueller Report

So much for collusion. The media conversation has now officially moved on from the obsession of the last two years to obstruction of justice. That’s because the first volume of the voluminous Mueller report, the half devoted to what was supposed to be the underlying crime of a Trump conspiracy with Russia, ... Read More
White House


Some of you will be familiar with a lefty, partisan Democratic organization called MoveOn, formerly MoveOn.Org. It was founded during an investigation into President Bill Clinton’s shenanigans (which were not, Democratic mythology notwithstanding, strictly sexual in nature) and argued that it was time for the ... Read More