Social Security’s insolvency should halt any calls to expand benefits

Source: Orange County Register
by Veronique de Rugy

“Don’t worry if you get confused reading accounts of the new Social Security Trustees Report. On one hand, you have some articles reporting that this document shows that Social Security will be insolvent in less than 15 years. Others prompt you to pop Champagne corks in celebration of Social Security’s financial footing being so strong that we can supposedly increase benefits. But, of course, both can’t be true.” (06/09/22)