Social Security is a mystery to most people and widely misunderstood as well. As a result,understanding and evaluating the political rhetoric is nearly impossible. Click on the link below and you will find a brief history of the program. What you will find is a program that has steadily improved benefits, but while doing so has failed to provide adequate funding despite repeated warnings from the Trustees of the need to do so.
Wade Pfau provides a brief history of Social Security and how it got to where it is now.
Categories: Social Security