Retirees Will Outlive Trust Fund; Ramifications of Nonmarketable IOUs and Privatization
In response to my post Making Social Security Actuarially Sound in a Business-Friendly Manner I have been exchanging emails and phone conversations with Jed Graham at Investor’s Business Daily.
Jed thinks benefit cuts will happen, and I agree. However, Social Security cuts are considered the “third rail” in politics.
If you are not familiar with the term, it means anyone espousing cuts cannot be elected…More
Categories: Financial News