Social Security Administrative Costs: Still Low
I don't know a whole lot about corporate conventions, but Kevin Drum seems to have the goods on the training that the Social Security Administration put on in Phoenix, Arizona last week. I mean, would you want to visit Pheonix, Arizona, in July? I just typed those words into Google, and here's what I got:
Yikes. Meanwhile, the facts are much as they've always been: The administrative costs of the main Social Security program are 0.6 percent of expenditures. The disability insurance program clocks in a bit higher: 2.3 percent. It's all pretty lean.
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