President Joe Biden tweeted last week that he will be a "nightmare" for Republicans who dream of cutting Social Security and Medicare. With this statement, Biden showed that he's either shockingly ignorant about these two programs and any Republican reform efforts—or lack thereof—or just another politician who washes his hands of what happens when he's out of office and the programs hit upcoming obstacles.
I have an idea which one it is. However, before revealing my guess, it's worth revisiting the issue more fully. Each time I write about Social Security and Medicare, newspapers receive letters to the editors revealing how little the general public understands about entitlement spending and where it's headed. This misunderstanding is particularly acute and ominous when it comes to Social Security.
