***Social Security’s retirement trust fund will now run out of money in less than 8 years, ***
But, but we were promised way back in 1964!
https://www.ssa.gov/history/ssa/usa1964-2.html
Self-Supporting
“The program is designed so that contributions plus interest on the investments of the social security trust funds will be sufficient to meet all of the costs of benefits and administration, now and into the indefinite future—without any subsidy from the general funds of the Government.
Both the Congress and the Executive Branch, regardless of political party in power, have scrupulously provided in advance for full financing of all liberalizations in the program.”
Anyone who is 62 and unemployed is going to start collecting SS.
Even if the economy gets back to normal its going to be really difficult for those people to find work.