“Social Security is crucial to most Americans — but not at all to the elite.”
He’s got the chart. Social Security income is 83.2% of the income for the elderly bottom one-fifth; 81.8% for the next fifth, 64.4% for the middle fifth, 43.6% for the fourth of the five groups. For the top fifth, Social Security income is just 17.9%.
Do you suppose there’s anyone in Washington’s in-crowd that isn’t in that top fifth?