Elizabeth Warren Wants To Expand Social Security

A blog about business and economics.
Nov. 18 2013 4:28 PM

Elizabeth Warren Wants To Expand Social Security

187990675
WASHINGTON, DC - NOVEMBER 14: Mailing people checks is something the government's great at.

Photo by Alex Wong/Getty Images

Elizabeth Warren is taking advantage of newfound interest in her ability to shape debates to attempt a little shifting of the Overton Window today. Right now, the leaders of the Republican Party say we should cut Social Security while the leaders of the Democratic Party say we should cut Social Security only in conjunction with tax hikes on the rich. In a speech on the Senate floor this afternoon, Warren said nope we should be raising Social Security beenfits.

She doesn't offer a specific plan, and I think her nods in the direction of the CPI-E are probably not the way to go here. But I agree with the basic point. To make it work I think we need to ditch the accounting trust fund concept and link Social Security to a real sovereign wealth fund.

Matthew Yglesias is the executive editor of Vox and author of The Rent Is Too Damn High.

TODAY IN SLATE

Frame Game

Hard Knocks

I was hit by a teacher in an East Texas public school. It taught me nothing.

Republicans Like Scott Walker Are Building Campaigns Around Problems That Don’t Exist

Why Greenland’s “Dark Snow” Should Worry You

If You’re Outraged by the NFL, Follow This Satirical Blowhard on Twitter

The Best Way to Organize Your Fridge

The World

Iran and the U.S. Are Allies

They just aren’t ready to admit it yet.

Sports Nut

Giving Up on Goodell

How the NFL lost the trust of its most loyal reporters.

Chief Justice John Roberts Says $1,000 Can’t Buy Influence in Congress. Looks Like He’s Wrong.

A No-Brainer Approach to Fighting Poverty: Better Birth Control

  News & Politics
The World
Sept. 16 2014 11:56 AM Iran and the U.S. Are Allies Against ISIS but Aren’t Ready to Admit It Yet
  Business
Business Insider
Sept. 16 2014 1:23 PM Germany Has Asked Google to Reveal Its Search Algorithm, but That's Not Going to Happen
  Life
The Eye
Sept. 16 2014 12:20 PM These Outdoor Cat Shelters Have More Style Than the Average Home
  Double X
The XX Factor
Sept. 15 2014 3:31 PM My Year As an Abortion Doula
  Slate Plus
Tv Club
Sept. 15 2014 11:38 AM The Slate Doctor Who Podcast: Episode 4  A spoiler-filled discussion of "Listen."
  Arts
Behold
Sept. 16 2014 12:59 PM Ethereal Views of Earth From Way Up High 
  Technology
Future Tense
Sept. 16 2014 12:33 PM Slate Exclusive: Why Greenland’s “Dark Snow” Should Worry You
  Health & Science
Bad Astronomy
Sept. 16 2014 7:30 AM A Galaxy of Tatooines
  Sports
Sports Nut
Sept. 15 2014 9:05 PM Giving Up on Goodell How the NFL lost the trust of its most loyal reporters.