Welfare state is not sustainable, says German chancellor
EDITORIAL: Socialism is based on the welfare state. Thus, the German Chancellor is admitting that socialism is unsustainable. More at: Communism, Socialism, and Collectivism Topic…
Tag: welfare state
Opinion: Republicans should build a wall around the welfare state
Opinion by Alex Nowrasteh and Jerome Famularo, opinion contributors, The Hill, 3/23/25 SOURCE: https://www.msn.com/en-us/news/politics/opinion-republicans-should-build-a-wall-around-the-welfare-state/ar-AA1BstYX?ocid=msedgntp&pc=U531&cvid=853bc68565214feab7c4791c7d261e7f&ei=111 Congress is hurtling toward a colossal showdown over the federal budget. The…
Social Security Benefit Cuts Are Coming: Here’s the Timeline of How We Got Here and the Forecast of When These Cuts May Take Place
Story by Sean Williams, The Motley Fool, 9/8/24 SOURCE: https://www.msn.com/en-us/money/retirement/social-security-benefit-cuts-are-coming-here-s-the-timeline-of-how-we-got-here-and-the-forecast-of-when-these-cuts-may-take-place/ar-AA1qbJF2?ocid=msedgntp&pc=U531&cvid=d2a8045d49f94d2c9f67f3958b728b13&ei=58 For most retired Americans, Social Security is a vital income source without which they’d struggle…
Seniors Expect to Run Out of Money as Social Security Drop Forecast
Story by Suzanne Blake, Newsweek, 2/24/24 SOURCE: https://www.msn.com/en-us/money/retirement/seniors-expect-to-run-out-of-money-as-social-security-drop-forecast/ar-BB1iMPPA?ocid=msedgntp&pc=U531&cvid=477ab1e7611f4859b9bc1f948aa803e0&ei=41 Many seniors expect to run out of money in less than 10 years as economists predict that Social…
Social Security trust fund on path to insolvency
Story by Eric Revell, Fox Business, 9/27/23 SOURCE: https://www.msn.com/en-us/money/news/social-security-trust-fund-on-path-to-insolvency/ar-AA1hmQuV?ocid=msedgntp&cvid=22743a652f8b4964948390fbe34f475f&ei=42#image=1 The trust funds that help finance Social Security’s benefit payments to retirees are on track to be tapped…
4 Social Security Changes With Bipartisan Support Could Help Save the Program
Story by Trevor Jennewine, Motley Fool, 2/19/23 SOURCE: https://www.msn.com/en-us/money/retirement/4-social-security-changes-with-bipartisan-support-could-help-save-the-program/ar-AA17q9i7?ocid=msedgntp&cvid=fe07fd69c6b24d6699e8410ea961710c Social Security keeps millions of Americans out of poverty each year, and benefits are often the largest source of income…
Social Security Has an Immigration Problem — and It’s Getting Worse
Story by Sean Williams , 3/31/22, Motely Fool SOURCE: https://www.msn.com/en-us/money/retirement/social-security-has-an-immigration-problem-and-it-s-getting-worse/ar-AA16Pxky?ocid=msedgntp&cvid=1e0b0e5da3004fa993cba1b4ab972d9f If the past dictates the future, between 80% and 90% of today’s U.S. workforce is going…
Huge Social Security cost-of-living increase could accelerate trust’s depletion
10/13/21 SOURCE: https://www.msn.com/en-us/money/news/huge-social-security-cost-of-living-increase-could-accelerate-trust-s-depletion/ar-AAPtDLj?ocid=msedgntp Social Security recipients in 2022 are in line to receive the big payment increase in nearly four decades, reflecting a pandemic-drive inflation surge –…
The really scary news in the Social Security Trustees Report
SOURCE: https://www.msn.com/en-us/news/politics/the-really-scary-news-in-the-social-security-trustees-report/ar-AAOODP0?ocid=msedgntp 9/25/2021 The Social Security Trustees just released their annual report on the system’s finances. The news is awful. Most people know that the system’s future…