How Will Cuts to Social Security Affect Spending by Retirees?

For some reason this question was never raised in a WSJ piece reporting on the expected reduction in spending by baby boomers who will be retiring over the next decade.

Dean Baker is the co-director of the Center for Economic and Policy Research (CEPR).  He is the author of False Profits: Recovering from the Bubble Economy.  He also has a blog Beat the Press, where he discusses the media’s coverage of economic issues.  This note was first published by CEPR’s Beat the Press blog on 16 August 2010 under a Creative Commons license. 

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