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re: The Coming Social Security Crisis
Posted on 4/3/24 at 11:46 am to RoosterCogburn585
Posted on 4/3/24 at 11:46 am to RoosterCogburn585
quote:SS is currently in the black. It is in surplus. It will remain so for about 10 years despite a huge recent COLA. In ten years, once the SSTF is emptied, if nothing is done to fix the ""crisis"", SS will run for the next century at significantly lower percentage annual deficits than the rest of the US budget.
The Coming Social Security Crisis
Put differently, if the rest of our budget was in ""crisis"" like SS, it would prove an American economic miracle. So the question one should ask is why the emphasis on SS instead of on the rest of our actual "in crisis" budget?
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