On April 22, the trustees for Social Security issued their annual reports, and the situation for the huge transfer program is unsustainable, the same as it’s been for years. The government tells us yet again that the program is running out of money. The danger here is that Americans have been hearing these dire predictions for so long now that they’ll no longer take them seriously. April 23 on Fox News’ Special Report, Bret Baier reported on the trustees’ reports and discussed them with his panel. Panelist Charles Hurt opined that the financial difficulties of the big transfer programs are a “slow-rolling catastrophe,” and added this: “The fact remains that they're going insolvent.” If Social Security were a private sector enterprise, it’d long ago have been declared insolvent. Although no link was provided, Baier surely got his information from the Social Security Administration’s A Summary of the 2019 Annual...(Read Full Article)