Can it be called a plan when there is no plan? Let’s ask our treasury muppet, er, secretary, Janet Yellen.
When questioned about the future of Social Security by the Senate Finance Committee, Treasury Secretary Janet Yellen admitted that Biden “doesn’t have a plan.” There could be no possible plan for an ongoing Ponzi scheme that will fail once the fund runs out of money.
Estimates believe Social Security will reach insolvency before 2034. “I don’t have that computation to offer you,” before saying, “The president doesn’t have a plan. He has principles.”
I’m sure they will figure it out. Martin Armstrong has been on a roll of late; full article here.