The Real Cost of Slashing Social Security

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The Real Cost of Slashing Social Security

As the United States of America struggles to pay out Social Security benefits for the millions of baby boomers who are just now hitting retirement, analysts, speculator and Average Joes are quick to say that Social Security is a dying program – if not for the baby boomers, for the Gen Xers who follow. The most recent group added to the list of those scolding the United States is the International Monetary Fund, who was upset not only about the skyrocketing American debt but also about the amount of our annual budget being spent on Social Security. The IMF actually recommended cutting the program.

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