As we’ve discussed here at NORA, the concerns about Social Security have been clear for years.
Many retirees are worried about the program going bankrupt, and these concerns were exacerbated by the pandemic, shutdowns, and economic issues of the past couple of years.
However, thanks to the unwavering power of the U.S. workforce and its above-average performance in recovery from the COVID era, Social Security may remain funded for longer than expected.
Sure, the program is still only projected to be fully funded for a year longer than originally thought. But do you think this change means the program is heading in the right direction now? Or is it just an outlier of positivity in an overall bleak economic future for Social Security?
Tell us your thoughts, then follow us on Twitter and Facebook for more news. Don’t forget if you support fair yearly Cost-of-Living-Adjustments (COLAs) you can sign our petition here.