Archive: Social Security

Old man walking in a park

So-called serious people are talking about “entitlement reform.”  I know “reform” is a good thing.  And “entitlement” sounds bad.  Merriam Webster’s online dictionary offers a definition: “belief that one is deserving of or entitled to certain privileges.”  Well, if greedy people out there are getting special stuff, we should fix it.  A fix would b…

Front view of Social Security office

The 2023 Trustees Report slightly increased the 75-year deficit to 3.61 percent of taxable payroll, compared to 3.42 percent in 2022, and moved up depletion of the Old-Age and Survivors Insurance (OASI) trust fund assets from 2034 to 2033.  Yes, the Disability Insurance (DI) trust fund has enough to pay benefits for the full 75-year…