Wilson County News
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Wilson County News
The great escape -- let young workers out of Social Security
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What cruel irony that we learned last week that Social Security is going broke even sooner than we thought. The Social Security trust fund will be exhausted in 2032, according to the latest Trustees Report. How odd that it is even referred to as a “trust fund,” because there is no trust, and there is no fund. Because of the Ponzi scheme structure of Social Security that only works if you have more young people paying in than old people collecting checks, the system is crashing. Right now, roughly 11,000 Americans are retiring every day (the baby boomers), and only...