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Mar 9, 2025

Numbers

I've been wrong about Social Security.

I'd heard we can make the thing healthy and pay off forever if we just remove the taxable earnings cap (I think it's at $175K now).

That's the part I was wrong about. Turns out, removing the cap makes it good for about 75 years, but one of the big things is that we have a demographics problem which could easily -  eventually - turn us upside down and make it impossible for us to continue the program.

Here's a new content maker for me: Kathryn Anne Edwards holds a PhD in economics.


One of the best points she makes is that we have to decide that we want it to work - that it's a worthwhile thing, and we want it to go on. Then we can address the difficulties - difficulties that I think "conservatives" are deliberately putting in the way in order to starve the system out of existence.

Dr Edwards, if you would please:

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