3-1-2023 – Is It Possible to Balance the Books for Social Security? episode artwork

EPISODE · Mar 2, 2023 · 46 MIN

3-1-2023 – Is It Possible to Balance the Books for Social Security?

from InvestTalk · host Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors

Social Security resembles other government programs because its tax revenues are spent in the year that they are raised. (Social Security’s benefits expenditures have exceeded its revenue from payroll taxes every year since 2010. The program is already thoroughly in the red.) Today's Stocks & Topics: Jobs Market, Electric Cars and Workers, Stocks Buybacks, CE - Celanese Corp., PARA - Paramount Global Cl B, WFC - Wells Fargo & Co., GSBD - Goldman Sachs BDC Inc., BIT - BlackRock Multi-Sector Income Trust, Closed-End Funds, FTRNX - Fidelity Trend Fund, Securities-Backed Line of Credit (SBLOC).Our Sponsors:* Check out Anthropic and use my code Claude.ai/invest for a great deal: https://www.anthropic.com* Check out Chilipad and use my code sleep.me/INVEST for a great deal: https://sleep.me* Check out Plaud AI and use my code INVEST for a great deal: https://plaud.ai* Check out Progressive: https://www.progressive.com* Check out Quince and use my code quince.com/invest for a great deal: https://www.quince.com* Check out TaskRabbit and use my code INVEST for a great deal: https://taskrabbit.com* Check out TruDiagnostic and use my code INVEST20 for a great deal: https://www.trudiagnostic.comAdvertising Inquiries: https://redcircle.com/brands

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3-1-2023 – Is It Possible to Balance the Books for Social Security?

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This episode was published on March 2, 2023.

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Social Security resembles other government programs because its tax revenues are spent in the year that they are raised. (Social Security’s benefits expenditures have exceeded its revenue from payroll taxes every year since 2010. The program is...

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