Rick Morain is the former publisher and owner of the Jefferson Herald, for which he writes a regular column. This essay first appeared on Substack.
What will you be doing in the year 2033?
If you’ll still be younger than 67 years of age, there are innumerable answers. But if you’re 67 or older by then, chances are the number one item on your mind will be how in heaven’s name you’re going to make ends meet.
That’s because 2033 is now the year the Social Security and Medicare trustees calculate the trust fund will go bust. Incoming revenues will drop below what the fund needs to make its payouts.
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