Labor & Economic News Blog
Tuesday, April 21, 2009
Social Security Does Not Face a Near-Term “Reckoning”:
Social Security Does Not Face a Near-Term “Reckoning”:In recent weeks, several analysts, journalists, and legislators have sounded an alarm about the effect of the current recession on Social Security's near-term prospects, which has fostered an impression that the program may face serious problems in the next few years. Fortunately, this is not the case. The recession has affected the system's finances, and the next report of the Social Security Trustees — due in coming weeks …
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