Young, Black, Hispanic Americans Would Opt Out of Social Security Even If It Weren’t Broken

I pull the following directly from the summary of the 2024 annual reports of the Social Security and Medicare Boards of Trustees: The Old-Age and Survivors Insurance (OASI) Trust Fund (that is, Social Security) will be able to pay 100% of total scheduled benefits until 2033, unchanged from last year’s report. At that time, the fund’s reserves will become depleted and continuing program income will be sufficient to pay 79% of scheduled benefits. Our Social Security system is broke. Now, if you own stock in a company, and you read…

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The Rich History of Latinx and Hispanic Heritage Month

Latinx & Hispanic Heritage Month (LHHM) is from September 15 to October 15. Dedicated to celebrating the culture and history of Latinx people in the United States, Congress implemented LHHM in 1968 as Hispanic Heritage Week. The week was later expanded to a month in 1988. Latinx & Hispanic Heritage Month offers us the opportunity to learn about, explore, and celebrate the incredible influence Latinx people have had on the United States for generations.  You may be wondering why the celebration begins in the middle of September, and the reason…

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