"How Social Security Reform Could Make a Popular Federal Program Better," by Rachel Greszler and Ilana Blumsack, was published last month by the Heritage Foundation, a conservative think tank that, for almost fifty years, claims to have "advanc
Amy Coney Barrett, a circuit judge on the U.S. Court of Appeals for the Seventh Circuit in Chicago, became the 103rd associate justice of the U.S. Supreme Court on October 27, 2020...
This month marks the 50th anniversary of the democratic election of Chilean President Salvador Allende and President Richard Nixon's order to oust him from power.
The Social Security Trust Fund has done quite well in recent years, due to the postwar babies' surge into the labor force in the last decades of the 20th century while retirees from the low-birth rate Great Depression years were drawing relatively
Ugh. Seen the price of eggs lately? Up 16.1% in April, according to the Department of Labor's monthly Consumer Price Index (CPI). And that's not all. Meat, poultry, fish, baked goods, beverages, dairy are up. Fruits and vegetables too.
The idea behind most social security programs around the world is that everyone with a job gives up a portion of his/her wages to pay monthly benefits to people who are currently retired.
Longtime supporters of The Future of Freedom Foundation know that we have always called for the repeal, not the reform, of Social Security, Medicare, Medicaid, and all other socialist programs.
Contrary to popular opinion, especially among seniors, Social Security is not a retirement program. There is no fund into which people have been contributing their money.
Writing at the Christian Post in "Will Social Security Go Broke?" Christian financial advisor Chuck Bentley recently answered a question about Social Security from a "Worried Millennial":
When God vested man with free will, He knew that when it came to charity, some people would choose to not help others in need. But that is the essence of freedom and free will -- the right to say either yes or no when it comes to helping others.
Many seniors today have convinced themselves that Social Security, the program that President Franklin Roosevelt's administration foisted on the United States in the 1930s, is a retirement program, one in which they have "contributed" their mon
Baby boomers might have paid into Social Security, but millennials and Gen Z are being asked to pay a lot more--for a program that will offer them less return.
Ten years ago, at the peak of the global financial crisis, the Board of Trustees which oversees Social Security in the United States issued a stark warning:
The federal government sold your Social Security Number for FIVE dollars
Welcome to our Friday roll up, where we highlight the most absurd and concerning stories we are following this week.
The post-WWII baby boom in the US peaked in 1960, when 4,257,850 live births took place. Those who were born in that year will reach the standard retirement age of 65 in about six years (2025).
A lot can happen between now and 2034. If you were to listen to a consensus from experts, you'd hear Social Security could run out of money in about 15 years.