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Social Security Faces Insolvency Crisis - Washington's Chickens Come Home

August 9, 2026·about 3 hours ago·via ft.com
Social Security Faces Insolvency Crisis - Washington's Chickens Come Home
America's Social Security system is heading toward insolvency, and decades of political cowardice are finally catching up with us. Washington has known about this demographic time bomb for years but chose to kick the can down the road rather than make tough choices. The program's trust fund is running dry as Baby Boomers retire en masse and the worker-to-beneficiary ratio collapses - a predictable consequence of unfunded promises and failed long-term planning. Read more about this...

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