So it turns out that 43% of the projected Social Security shortfall is due to …. income inequality!
Let that sink in. This is yet another way that the looters want the victims to pay for their victimhood and hold the looters lossless. The CEO class has worked for three decades to create an economy where working people have a far less share of the economic growth than they used to have. One of the results of that inequity was an unexpected shortfall in the income collected by Social Security.
Is this a great country or what?
One hundred percent of the short fall owes to the cap and the favored treatment of unearned income.