As for the worker-to-retiree ratio, Moscovitz notes that a declining ratio doesn’t automatically mean that Social Security can’t support its beneficiaries. Worker productivity has increased by 78 percent per worker since 1980. There are other reasons for Social Security’s projected shortfall, including rising income inequality, Moscovitz reported.
This piece offers lots of good context for future reporting, introduces ideas for fixing the system that might be less harmful to America’s elderly, and all in all did a good job. Bravo.