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As Insolvency Looms for Social Security and Medicare, Politicians Double Down on Inaction

The Greatest Generation fought and won World War II; the least the boomers and Gen Xers could do is fix this enormous time bomb we call entitlements.

Jacquelyn Martin, pool
President Biden delivers the State of the Union address on February 7, 2023. Jacquelyn Martin, pool
VERONIQUE de RUGY
VERONIQUE de RUGY

Republicans and Democrats have been tripping over each other to tell voters how committed they are to making zero changes to Social Security and Medicare. Meanwhile, the Social Security and Medicare Trustees just confirmed yet again that within 10 years the programs’ funds will be insolvent.

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VERONIQUE de RUGY
VERONIQUE de RUGY

Veronique de Rugy is the George Gibbs Chair in Political Economy and a senior research fellow at the Mercatus Center at George Mason University.

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