Yes! Yes! Yes!

Brad DeLong does it again - Dear Leader seems not to understand that Social Security, far from being in crisis, is working exactly the way it was designed to work. The 75 year plan of 1983 really, truly, and indeed has put the system on a sound footing all the way out to 2054.

The problem that does exist is that Congress, having distributed the excess FICA contributions through artificially-low rates on the income tax, may find it politically difficult to make the system whole through realistic income tax collections in the future; we may hear increasingly strident cries of "we stole that money, fair and square, and we are not giving it back!"