Trump's Reforms Threaten Social Security
This is a Sweden news story, published by MSN, that relates primarily to Julian Zelizer news.
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Social SecurityMarketWatch
•US Politics
US Politics
Social Security is in trouble. Before making cuts, look at what Sweden has done.
68% Informative
Julian Zelizer : Social Security is in trouble because more money is being paid out to beneficiaries than is being taken in through payroll taxes.
That means Social Security’s vaunted Trust Fund could run dry by 2033 — just eight years from now .
Zelizer says there is no federal program that is more important to the financial security of Americans than Social Security .
He says it has long been branded as the “ third rail” of politics, meaning that any lawmaker who touches it will get zapped.
Peter Bergen : Sweden 's partial privatization of Social Security seems like a good idea.
He says long-term compounding could outweigh even a nasty bear market like the meltdown that cut the S&P 500 in half .
The concept of privatization, even with the adjective “partial” preceding it, is anathema to Democrats .
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