There are more than five

But this is a good start…

Social Security: 5 Enduring Myths that must go

Social Security isn’t the only cause of America’s fiscal problems, but it is Exhibit A in why it is so hard to fix them. No serious solution to our debt can ignore a program that will tax and spend about 4.8 percent of GDP this year and account for about 20 percent of all federal spending — and that within a few decades will count almost a third of the population as beneficiaries. But it’s maddeningly difficult to have a reasoned conversation about Social Security when policymakers — let alone taxpayers and recipients — can’t agree on the program’s effect on the budget.

A handful of misconceptions tend to crop up repeatedly — often having to do with that fiscal fun-house mirror, the Social Security trust fund.

RTWT

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