over the past 25 years or so and on this blog, Social Security isn't broke, isn't broken, and it doesn't need any kind of drastic fix at all.
After all, those "projections" of a "shortfall" in 2041 or so were based on pessimistic scenarios not indicative of actual economic growth. Not only that, but many if not most of the Baby Boomers will have croaked by that time, and therefore the system may never need a fix.
The only way the program could EVER be broken is if Congress follows the lies of the Cato Institute and their ilk and try to privatize it or try some "means-test" scheme.
It will never happen.
I agree with the writer the program could be expanded, especially considering defined benefit and defined contribution plans are going down the tubes.
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Crater Lake National Park Photos 1
Here are a few pictures I took at Crater Lake National Park in southern Oregon today, including a couple of them from the historic lodge:
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Golden Tempo has won the 152nd Kentucky Derby. Jose Ortiz is the jockey. It is his first Derby win. This race is historic, for the fir... -
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Napoleon Solo has won the 151st Preakness Stakes at Laurel Park. Iron Honor tried to make a bid at the homestretch, he couldn't quite c... -
Another victory for Golden Tempo as he has won this year's Belmont Stakes at Saratoga. Cherie Devaux has won a second leg of the Tripl...
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