The Pinocchio Test
Becerra is sincere in his convictions and his statement is true, so far as it goes. Yes, Social Security in the past has not contributed to the nation’s debt. But it’s basically a meaningless fact and actually distracts from the long-term fiscal problem posed by the retirement of the baby boom generation and the shrinking of the nation’s labor pool.
We are going to label this with that relatively rare rating: “true but false.” (Still need to get an icon!)
True But False
Fred Hiatt World where truth must bend to Village idioms.