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  • Is Social Security savable?

    08/25/2023 8:15:34 AM PDT · by SeekAndFind · 65 replies
    American Thinker ^ | 08/25/2023 | Brenton Smith
    Milton Friedman once observed, “If the government ran the Sahara, in five years there would be a shortage of sand.” He was right. The government has run Social Security for more than 80 years, and now there is a shortage of security. At this point, the experts believe that someone who is 79 years old today is likely to outlive the system’s ability to pay scheduled benefits. The solution, according to the White House fact sheet on the 2024 Budget Proposal, is: do nothing, and the Republicans cheered. That leaves a rapidly growing problem to third parties.Social Security presents a...