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Birthrates at Historic Lows: What’s that mean for Social Security?
The Heritage Foundation’s Romina Boccia, in a post today on onenewsnow.com, suggests that the new 30-year low point on U.S. birthrates spells additional trouble for Social Security. As the economy awaits the soon-to-be released 2018 Social Security Trustees Report, Boccia and other economists are likely expecting further deterioration in Social Security’s financial picture. The new birthrate, says Boccia, “means Social Security’s trust fund will run out of money sooner than expected, which is 2034.” Read the onenewsnow post here…