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Thursday, January 27, 2011

Social Security to Go Broke in 26 Years


“Social Security’s finances are getting worse as the economy struggles to recover and millions of baby boomers stand at the brink of retirement. New congressional projections show Social Security running deficits every year until its trust funds are eventually drained in about 2037.” (Associated Press)

What trust funds?

FEE Timely Classic
“A College Fund on the Social Security Model” by William Conerly