Today, Obama held a backyard discussion in Columbus, Ohio that focused on economic issues. Here’s what he had to say about Social Security:
So here’s the thing. Social Security is not in crisis. What is happening is, is that the population is getting older, which means we’ve got more retirees per worker than we used to. We’re going to have to make some modest adjustments in order to strengthen it. There are some fairly modest changes that could be made without resorting to any newfangled schemes that would continue Social Security for another 75 years, where everybody would get the benefits that they deserve.
And what we’ve done is we’ve created a fiscal commission of Democrats and Republicans to come up with what would be the best combination to help stabilize Social Security for not just this generation, but the next generation. I’m absolutely convinced it can be done. And as I said, I want to encourage people to save more on their own, but I don’t want them taking money out of Social Security so that people are putting that into the stock market. There are other ways of doing this.
Obama was also positive about the economic recovery, brushing aside concerns that we are heading into another collapse.
Is he being falsely optimistic? What’s on your mind tonight?