The Social Security Board of Trustees recently released its annual report on the status of the programs it oversees, which currently provide benefits to around 62 million Americans.
By and large, the numbers were consistent with where they were a year earlier.
Near term, the Social Security system is fine.
Longer term, changes need to be made to Social Security to maintain its viability given expected demographic changes.
The good news is the numbers may not be as dire as the mainstream media has led some to believe, and relatively modest changes could ensure Social Security will continue to provide benefits to tens of millions of Americans for many decades to come.
The bad news is the necessary changes will likely require copious amounts of common sense and bipartisan collaboration, both of which seem in short supply in many parts of the United States these days!