Last month it was reported (yet again) that Social Security will run out of money in 2035. And as is frequently the case with news items like this, pundit-class alarmists spilled all sorts of ink telling readers of the need for more babies, more reform, and all manner of other government solutions to fix what they deem a “crisis.”
Except that the surest sign there’s no Social Security funding crisis can be found in the expectation that the fund which pays Social Security benefits is expected to run out. About the latter, notice how recipients didn’t panic. Of course they didn’t. Right or wrong, it’s always been implied that any alleged Social Security shortfalls will be paid out of general revenues.
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