Why Social Security and Medicare Are Still in Jeopardy

What Digby said:

I would just suggest that Peterson and his Masters of the Universe pals may not be quite as ingenuous about their "worries" as Yglesias imagines. It's true that's what they say. But Peterson and his friends were all for privatization, which would have the same economic effect on protecting living standards of the elderly at the expense of greater economic activity. So I'm just not convinced that old Pete is being entirely above board. But none of that changes the fact that this all based upon magical thinking. Peterson may be worried about his grand kids (insufferable privileged jerks that they are) but I suspect he's mostly worried about the fortune he's bequeathing them. 

And keep in mind that these people who are so convinced that these projections have been sent down from Mt Sinai are many of the same people who deny that climate change exists and are perfectly content to wait to see if the catastrophic droughts, famines and massive refugee crises actually develop.