Well, if I listen to news reports or review the emails I get from many readers, I guess I‘d have to conclude that Social Security is doomed. So that means it’s time to once again trot out my “little green men and Social Security” story. This story has to do with an intriguing newspaper headline I read about 20 years ago that went like this: “More people think they’ll see little green spacemen than a future Social Security check.” The story that ran with that headline was based on a poll of young people that asked a question something like this: “Do you believe you will have a better chance of seeing a Social Security check someday or of seeing Martians land on Earth?” And guess what? Most people answered that they figured they'd be more likely to see little green men from outer space than their promised Social Security benefits.
I wasn’t surprised by those poll results then, and I’m not surprised by people’s pessimism now. That’s because I’ve been listening to Social Security skeptics for half a century. I remember way back in 1973 when I was sent out as a relatively new Social Security Administration spokesperson to deliver my first speech on the topic. And hardly before I had a chance to introduce myself, some guy in the audience who appeared to be around 40 years old jumped up and said, “I don’t know why we should listen to anything you have to say. We all know Social Security will go belly up long before we ever have a chance to collect a dime out of the system!”