Thursday, September 8, 2011

Social Security Financial Follies

Just for fun, compare and contrast Things Social Security Won't Tell You, written by Jonelle Marte of Smart Money and posted on Yahoo Finance, with the points I made in a couple of my recent columns for the Banner-Herald (a.k.a. the Social Security diatribe, parts 1 and 2), No guarantees on getting Social Security check and Face hard truths about Social Security.

She does a pretty good job for a “mainstream media” type, except for continuing the fiction that the Social Security Trust Fund actually has any money in it.  On the positive side, though, she also discusses the structural imbalances in the system  favoring older workers.

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