Thursday, January 27, 2011
Losing Control
Social Security (one part of the 3 part sinkhole we are facing) may run deficits starting THIS year, not 4 or 5 years from now as many had projected. Moreover, SS will be totally broke in 2037 according to the analysis. This boils down to control- we still have control over how to deal with (or not deal with ) these problems. Fairly soon that control will reside in others hands.