The NY Times is bloviating again about Social Security and once again can't admit the truth about the bankruptcy of this and other entitlements.
Some bottom lines -
Social Security costs have outrun the economy's ability to sustain the program, and it's only getting worse.
Politicians won't raise taxes to keep it solvent - that tax increases are advocated for Social Security merely illustrates the program's unsoundness.
Social Security is draining workers' standard of living.
The real problem with any entitlement - it is NOT a savings program, it is a money shuffle.
The program is becoming like collapsing state pension programs.
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