Social Security will tip over into annual deficits … now

(By Ed Morrissey, Hot Air) - Give the New York Times some credit in reporting the retreat of Social Security into red ink … but don’t give them too much credit. We’ve been writing about this for the last few years, and when we wrote about it, we presented the entire political backstory, including how Barack Obama’s OMB Director Peter Orszag predicted in 2008, while running the CBO, that this day would come — in 2019. We included mentions of how Harry Reid and other Democrats insisted in 2005 that George Bush was scaremongering when he attempted to reform SSA through partial, elective privatization, and how they assured us that Social Security was safe for decades without reform.

Does the Times mention any of this? Not exactly. In fact, the name “Orszag” doesn’t appear once, nor does the name “Reid.” Guess how many times the name “Greenspan” appears in this article by Mary Williams Walsh? Five...