Tag: President Trump
A state-based financing system would introduce a new layer of uncertainty. Every now and then, President Donald Trump’s antics tumble into my lane: retirement. Reflecting on the U.S.’s fiscal pressures and ongoing conflicts, he suggested in April that, with wars to fight, the federal government cannot continue to shoulder programs like Medicare and Medicaid, and…
Our Social Security program is well-structured, but with one major flaw. I’ve been scratching my head since President Trump announced in early December that the administration is considering developing a national retirement savings system like Australia’s superannuation program. Yes, our system is not perfect, but it’s not clear what we get from Australia at this…
