Financial advisor Devin Carroll, in an article on MarketWatch, put together a list of seven Social Security myths, one of which concerns the perception that Social Security is a right. He shows that Supreme Court decisions have clarified that Social Security is not a right that is earmarked to the beneficiary. This podcast (6:06) argues that both demographics and economics make it hard to imagine how Congress will not exercise its prerogative to cut benefits by at least 25 percent by 2035.
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