Why Social Security Could Be Bankrupt In 12 Years

In short, this year’s untrustworthies report amounts to an accounting and forecasting house of cards that is camouflaging an impending social, political and economic crisis of a magnitude not seen since the Great Depression or even the Civil War.  So here follows an unpacking of the phony accounting edifice that obscures the imminent danger.

via The 2015 Untrustworthies Report——Why Social Security Could Be Bankrupt In 12 Years | David Stockman’s Contra Corner.

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