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by @danabra.mov
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by @danabra.mov
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by @jimpick.com
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by @atsui.org
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The question of whether Social Security has a spending or revenue problem is going to be extremely relevant in the very near future. Raising taxes (or borrowing more heavily) to close Social Security's funding gap makes little sense when the benefits side of the ledger caused this crisis.
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Social Security's approaching insolvency is usually talked about as a revenue problem. It's actually a spending problem.
reason.com
Social Security is going bankrupt because its benefits are too generous
Reason Magazine