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Social Security is on the brink of a crisis, and America needs an intervention to keep this program available for generations to come. Mark J. Warshawsky at American Enterprise Institute looks at the Social Security Trustees’ annual report issued March 31, and, as he has argued in the past, the projections used in these reports are still likely too optimistic, both in the short- and long-terms, in part because of their assumptions about inflation being lower than it is.
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