Curmudgeonly & Skeptical

• A Paul Krugman column entitled "Social Security Scares" from March 5, 2005 stated the Social Security Administration's 2003 Social Security and Medicare Trustees Reports showed "a system in pretty good financial shape". The SSA Trustees Report describes the fundamentals of the financial status of Social Security as "highly problematic" and projects that trust funds will be exhausted in little more than two decades and will "not permit full payment of currently scheduled benefits." The Report states "Medicare's financial difficulties come sooner--and are more severe--than those confronting Social Security." (Go to Article) (Go to Source) (Comment)