3 ms·
I've been told by the libertarians since the early 80s that social security was running out of money, and back then I fully believed that the program would be g
by amanaplanacanal 10mo ago
I've been told by the libertarians since the early 80s that social security was running out of money, and back then I fully believed that the program would be gone by the time I retired. Yet somehow Congress manages to tweak it as necessary to keep it solvent. I expect they will continue to do so.
- rpdillon 10mo agoIn 2034, it will be insolvent. We'll either increase contributions or raise the age to compensate. It's not going to be pretty.
- wang_li 10mo agoThey’ve been raising the contribution limit for several years now. In 2016 the cut off on taxable earnings for social security was $118,500. Next year it’s $186,000.
- amanaplanacanal 10mo agoThey have done both before.