Will Social Security be There For Us?

By Staff Editor | July 12, 2024

One of the biggest challenges facing the Obama administration is restoring the viability of the US Social Security system. We don’t know exactly when it will hit, but for years there have been whispers of an impending Social Security crash. As the baby boomer generation hits retirement, they may strain the system beyond its breaking point. Obviously a weak economy in which the younger generation has trouble earning cannot help this situation.

Americans are looking to Obama and his incoming cabinet to find a solution to this potentially disastrous issue. Should Americans be unable to receive Social Security, their faith in their govenrment will be seriously weakened, and consequences will run far deeper than the immediate problem of supporting the elderly.

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