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Point of View: Perspectives on the Social Security Trust Fund
The rhetoric on Social Security’s looming solvency issue is free-flowing these days, and much of it deals with the program’s trust funds and their role in the overall benefit funding process. A post on shepherdexpress.com by William Holahan, emeritus professor and former chairman of the Department of Economics at UW-Milwaukee, provides a historical recap of the logic and intent behind the formation of Social Security’s trust fund financing provision, along with observations on how the ebb and flow of economic trends have affected the use of this form of asset reserve. Read the full post here.