Economics For Business

Iran is a mess.  The war.  The Strait of Hormuz.  The ceasefire is tenuous at best.  Interesting series of events regarding the future flow of energy in Economic News.

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CNBC and a handful of others ran pieces that Social Security will really be in trouble the early 2033 and not late 2032.  Amen!!!  Economic ruin is delayed a few months.  Article link in Economic News. 

 

 

So today, the Social Security Administration issued a report that the fund will be depleted in the fourth quarter of 2032.  For those not great math, that is a bit over 6 years.  The timebomb of entitlements that has been ticking for decades is six years away.  Neither party will touch this.  An indication of the failures of the leadership of both parties AND the public.  See the link in Economic News...