Social Security Cliff in Sight

From - Advisor Perspectives
January 17, 2013 - 9:44am

Jan 17, 2013 Mike Shedlock  Retirees Will Outlive Trust Fund; Ramifications of Nonmarketable IOUs and Privatization In response to my post "Making Social Security Actuarially Sound in a Business-Friendly Manner" I have been exchanging emails and phone conversations with Jed Graham at Investor's Business Daily. Jed thinks benefit cuts will happen, and I agree. However, Social Security cuts are considered the "third rail" in politics.More...

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