Rob Green/Bergman Group
Current headlines read: “Social Security’s Financial Forecast Gets Darker”; “Stress Rises on Social Security.”
Well, yes: but who is surprised?
Certainly not young people, who are rightly skeptical about whether Social Security in the future will be able to give them back the money it takes from them today.
The problem is pretty basic: According to the new calculations of the, Social Security’s future costs are a lot bigger than its future income.
Read the full article on American.com
Alex J. Pollock is a resident fellow at AEI.