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Via Money.CNN: “In an annual report released Thursday, trustees of the government’s two largest entitlement programs — Social Security and Medicare — urged lawmakers to act quickly to assure Americans they’ll be able to get their full retirement benefits. The trustees projected that the Social Security trust fund will be tapped out by 2034. While
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Social Security, the primary retirement savings tool and biggest tax for millions of Americans, is a bad deal, critics contend. They argue that mandatory Social Security is a poor investment because it only provides an average annual income of some $17,000. This is a lousy return on the decades of tax payments, critics contend. They
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The newly released Social Security Trustees Report describes serious fiscal issues with the program and stresses that it should be reformed soon, or the situation will become much worse. However, public support for reform is impeded by a common fiction that inflames debate and distracts from the roots of the problem. What the Report Says
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Like many recent political movements, March for Our Lives was marked with grandstanding, emotional appeals and the moral outrage that have come to define modern political protests. The mainstream media promises, however, that “this time, it’s different,” and this march for gun control (let’s be honest about its intentions) will change America and eventually end
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There is much rejoicing in recent headlines, for the U.S. high school graduation rate has reached a new high. NPR reports: “For the fourth straight year, the U.S. high school graduation rate has improved to an all-time high of 82 percent in the 2013-2014 school year, the Department of Education announced today. Achievement gaps have
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Traditionally in the West, Justice was defined as, “To give to each his due.” Western men were expected to judge the individual and his actions against what were then considered objective truths. For anyone watching the culture these days, especially on college campuses, it should be clear that that’s no longer the accepted understanding of
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