Tag: Progressive Price Indexing

Wooden figures on different size coin stacks

There Are Only Two Ways to Fix Social Security: Cut Benefits or Raise Revenues

MarketWatch Blog by

February 28, 2023

‘Progressive price indexing’ is not a third way. It’s a benefit cut. Social Security is once again in play, no matter how much people deny it.  In part, that’s a good thing, because Social Security benefits cost more than the income rolling in (see Figure 1).  So far this mismatch between the cost of benefits…