How Would You Fix Social Security?
(WorldNews Business)

Sometimes the truth hurts. And the truth of the matter is that Social Security, arguably America`s most important social program, is in some pretty deep trouble. According to the newest Social Security Board of Trustees report, released in early June, Social Security is expected to hit an unwanted inflection point this year. The intermediate-cost model suggests that $1.7 billion more in benefits will be paid out to eligible beneficiaries than the program will generate in revenue. This would represent the program`s first net cash outflow in 36 years. Image source: Getty Images. Even more important, this turning point sheds light on the unsustainability of the current payout schedule. In 2020...