Will Social Security Go Bankrupt?

Is there a Social Security crisis looming? Will Social Security go bankrupt in 2017, 2029, or 2042?

Will Social Security Go Bankrupt?

Paul Krugman tackles this topic in his March 28, 2008 column:

The date at which the trust fund will run out, according to Social Security Administration projections, has receded steadily into the future: 10 years ago it was 2029, now it’s 2042. As Kevin Drum, Brad DeLong, and others have pointed out, the SSA estimates are very conservative, and quite moderate projections of economic growth push the exhaustion date into the indefinite future.

Read more of the article here.

Tomasz Stasiuk here. I need your help! Please leave a comment because it tells me what is important to you.


Tagged as:

 

Trackbacks

(Trackback URL)

close Reblog this comment
blog comments powered by Disqus