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Social Security

The statistics you may be reading have probably been distributed by the Peterson Institute. I heard a representative speak and I found many flaws and downright misleading statistics, graphs, etc. that were obviously done in a way to support an opinion. For example, this person presented a graph combining social security and Medicare into one bar when comparing to other factors, and he presented erroneous population statistics, again, both designed to mislead. In reality, there was a population boom in the 1980s and those people are paying into social security, so the scare tactic that the baby boomers will "make us go broke" is false. Also, one cannot legitimately link Social Security and Medicare because Social Security is, by law, the way in which Social Security is financed, it cannot contribute to the deficit. Look at the vast majority of workers. They work 30-45 years, contribute to Social Security, and on average, collect for 15 years.

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