Allan Sloan Changes His Tune on Social Security

Allan Sloan, a columnist at Newsweek and the Washington Post and a commentator on MarketPlace reversed his previous position on the Social Security trust fund. I had previously taken Mr. Sloan to task for advocating default on the government bonds held by the Social Security trust fund. This morning on MarketPlace, he unambiguously stated that he expects that these bonds will be paid off, and therefore they should be included in measures of the government's deficit. See, even prominent columnists are capable of learning.

--Dean Baker

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