Why SS Is Not “Broke” And How The Trust Fund Works

For at least two decades the "very serious people" in Washington have insisted that the Social Security system is "broke". They've been screaming "bankrupt, bankrupt I tell you!" for so long that unfortunately an entire generation of young people and even middle aged workers are convinced that Social Security won't be there for them when … Continue reading Why SS Is Not “Broke” And How The Trust Fund Works

Understanding The Social Security Trust Fund – It’s More A Checking Account and Less of A Trust Fund

Now that the Republican-Democratic budgetary battle that shut down much of the U.S. government earlier this month has been resolved  delayed for 3 months.  Once again the hope of the politicians from both sides is to achieve some kind of "grand bargain" on the budget that continues to reduce the federal budget deficit.  Now the … Continue reading Understanding The Social Security Trust Fund – It’s More A Checking Account and Less of A Trust Fund

Social Security Under Attack By Media

I will repeat: Social Security is NOT in financial trouble. Social Security does NOT contribute in any way shape or form to the U.S. Federal government's deficit, now or in the future. It cannot.  If anything, it has enabled a coverup of how big the real deficit has been for years. News media does not … Continue reading Social Security Under Attack By Media