5min chapter

Moody's Talks - Inside Economics cover image

Do we have a Deal?

Moody's Talks - Inside Economics

CHAPTER

The Problem With Social Security

Mark O'Mara: Social security is projected to go bankrupt in 2033. He says it can still pay out 77% of its promised benefits, but that's not good enough for most Americans. We have enormous government resources devoted towards old age well-being, he says. But we have no real way of translating all that wealth into security, Moya writes.

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