Archive | September, 2011

Crisis of Social Security System Debunked

Bloomberg reports today that the “air of crisis is striking, given that the program — far from being broke — can pay promised benefits for the next 25 years. After that, even without fixes such as higher payroll taxes or further increases in the retirement age, it could meet about three-quarters of its obligations through […]

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Why is Social Security Called an Entitlement Program?

This article echos our wonder at the many articles (and candidates) who refer to Social Security as an “entitlement”program. Although the SSI program may be this, the majority of the Social Security programs administer money that was PAID In my workers, and is drawn out upon retirement or disability. It is more like an insurance […]

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Disability Applications Surge

Christian Science Monitor joins many other of today’s Associated Press papers in noting the surge of applications for disability this years, fueled by the high unemployment rates: “Laid-off workers and aging baby boomers are flooding the Social Security disability program with benefit claims, pushing the financially strapped system toward the brink of insolvency.Laid-off workers and […]

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