As I understand the Third Way argument, we have to cut Social Security, and if we don't [View all]

[Recursion]

then in a few decades we will face an absolute nightmare that will require us to... cut Social Security.

As far as I can tell, that's what this comes down to. We have to put cuts in place now, or else we'll have to put cuts in place later.

I've caught hell here for being willing to accept means testing for SS in return for something from the GOP (which they're currently in no condition to deliver, so it's a moot point until their caucus figures out which of them are actually in charge). But even to me, the Third Way position doesn't make any sense whatsoever: in "response" to a non-existent "crisis", we have to lower payments so that we won't face the horrifying prospect of having to lower payments.



I doubt it goes anywhere, personally, but there's no sense letting them change the goalposts of "mainstream" discussion more than they already have been...