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Shes critical of what she views as fear-mongering about Social Securitys long-term viability.
You think of it as a benefit program, but its a wage program.
Its finances are built on what Americans are earning.
But Edwards urges people to take a deep breath.
Social Security was designed to be insulated from the stock markets twists and turns and even fromeconomic downturns.
Your benefit is something that you paid for.
So, it doesnt go down during recessions.
Your benefit is based only on your wage and what you put into the program.
Over time, this gap was cemented.
They could see it coming, she said.
They took in money hand over fist until the Great Recession.
Yet instead of acting, Congress has allowed the problem to fester.
It is on Congress.
In four decades of inaction, they are the problem not Social Security.
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