From Market Watch:
Social Security’s finances may be in worse shape than thought.
The Social Security Trustees — who release a report each year on the health of the program that supports about 70 million retirees and people with disabilities — have been relying on overly optimistic forecasts for future fertility rates, according to a blog report from the Cato Institute.
Those forecasts are at odds with projections from the U.S. Census Bureau and the Congressional Budget Office (CBO) — the nonpartisan federal agency that provides Congress with independent analysis of budgetary and economic issues — which both have much more sober forecasts for fertility rates. …
The Trustees assume that the current fertility rate of about 1.6 children per woman will increase to 1.9 by the early 2040s, the Cato Institute said. By 2100, the SSA projects a total fertility rate roughly 30% higher than both the Census Bureau and the CBO, which expect fertility to continue to decline. …
8 comments:
This plan was doomed to fail.
Donald Trump Nicknames Himself the 'Fertilization President' at Women's History Month Celebration
The president previously declared himself the "Father of IVF" after asking a female senator what it meant.
Good thing we’re also making this an unwelcome place for immigrants.
Cato and similar groups have been saying this for years...
Just wait till the Heritage gang implements their followup called Project 2026 designed to force women out of the workplace and make them have as many babies as possible...
We all really need to get politics out of comments and make this a non-partisan forum. Just the facts please!
Amen
Been living under a rock? Even getting a vaccine is considered a political statement in this failed nation. So buck up or leave, snowflake!
Unfortunately, what you want is impossible due to the fact that everything this administration does by executive order-fiat is political.
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