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Claiming that Social Security benefits are safe may sound naive, but my view is actually quite cynical. I believe that as long as the elderly continue to vote in large numbers, no Congress will renege on promised payouts for those already eligible to receive benefits.
Richard Thaler
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"Claiming that Social Security benefits are safe may sound naive, but my view is actually quite cynical. I believe that as long as the elderly continue to vote in large numbers, no Congress will renege on promised payouts for those already eligible to receive benefits."
— Richard Thaler #politicsgovernment

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Claiming that Social Security benefits are safe may sound naive, but my view is actually quite…

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Claiming that Social Security benefits are safe may sound naive, but my view is actually quite cynical. I believe that as long as the elderly continue to vote in large numbers, no Congress will renege on promised payouts for those already eligible to receive benefits. — Richard Thaler

About Richard Thaler

Richard Thaler was a Economist from United States (1945–present).

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Frequently Asked Questions

Who said "Claiming that Social Security benefits are safe may sound naive, but my view is…"?
This quote is attributed to Richard Thaler, a Economist from United States.
When did Richard Thaler live?
Richard Thaler lived from 1945 – present.
What is this quote about?
This quote touches on Politics & Government. Browse more quotes on these themes from the categories page.