Social Security's trustees say the system needs only “modest changes.” In fact, the system is desperately broke. The proof is buried deep in the trustees' own 2012 report in a complex table, numbered IV.B6.
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John Lott's Website: Social Security is $20.5 trillion in debt
Hey kids, last month the latest Trustees Report for Social Security and Medicare came out. Check out the following excerpt summarizing the condition of Social Security .
Social Security Update
by Dale Coberly SAVING SOCIAL SECURITY SIMPLIFIED The Trustees Report came out again this week. And all the newspeople told us again that we are doomed. Doomed.
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SAVING SOCIAL SECURITY SIMPLIFIED | Angry Bear – Financial …