Latest / Pitchfork Economics with Nick Hanauer
The $29 Trillion Social Security Crisis We Already Know How to Fix ( with Rey Fuentes)
Americans are told Social Security is in trouble because there are more retirees and fewer workers to support them. But that story leaves out a major part of the problem: how much income now sits outside the system that funds Social Security.
Roosevelt Institute’s Rey Fuentes joins Nick and Goldy to explain how rising inequality, stagnant wages, and an outdated payroll-tax structure helped create Social Security’s looming shortfall — and why benefit cuts are far from inevitable. Plus, Nick puts forward a different way to think about fixing the system — one that starts with a basic question…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.