Akin: "I Don't Like" Social Security

You're not going to believe this, but Todd Akin went on the teevee and embarrassed himself again.

Akin told CSPAN viewers last week that Social Security is just "a tax," and that he doesn't like the program. "It’s really a tax, that’s all it is. Social Security is a tax...I don’t like it," he said. Here's an excerpt from Friday's Washington Journal:  

As ThinkProgress' Alex Seitz-Wald notes, Akin is really out to lunch here:

Despite Akin’s claim, Social Security is far more than a tax. After 75 years in existence, the program “remains one of the nation’s most successful, effective, and popular programs.” It has dramatically reduced elderly poverty — nearly half of seniors today would be in poverty without it — and it is the nation’s most effective tool at alleviating poverty among people with disabilities. It does all this while spending less than a penny per dollar on administrative costs. And despite conservatives’ fear mongering, Social Security is not going bankrupt any time soon.

For all these reasons, Social Security is beloved and respected by Americans, even if it isn’t by Akin. The program’s support among Americans is so strong that a PPP poll from January found that 67 percent of tea party supporters would rather raise taxes than raise the retirement age on Social Security.

 

 

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