Archive: Alicia H. Munnell

United States capitol in Washington DC with a Social Security card and money

How demographics and recent tax laws are squeezing Social Security. This year’s Social Security Trustees Report took a major step towards offering a more realistic assessment of Social Security’s financial status as the Trustees recognized that the fertility rate is not likely to rebound and that lower immigration and the GOP tax law known as…

Young baby putting coin in a piggybank

Take a look at this state to see what a serious effort looks like. With time on my hands, I was thinking about becoming the world’s greatest expert on Trump Accounts. On reflection, why should anyone spend more time on these accounts than the administration? The lore is that these accounts, in their final form,…