5 Ways a Recession Could Affect Social Security in the Long Run
The chances of a U.S. recession are increasing, according to a CNBC survey of analysts, fund managers, and strategists. Polymarket, a top prediction market, has seen a surge in bets on an economic downturn. Commerce Secretary Howard Lutnick recently told CBS News that President Trump's policies are "worth it" even if they lead to a recession. Federal programs such as Social Security might seem to be largely immune from the effects of a recession, but they're not. Here are five ways a recession could impact Social Security in the long run.Image source: Getty Images.Continue reading
The chances of a U.S. recession are increasing, according to a CNBC survey of analysts, fund managers, and strategists. Polymarket, a top prediction market, has seen a surge in bets on an economic downturn. Commerce Secretary Howard Lutnick recently told CBS News that President Trump's policies are "worth it" even if they lead to a recession.
Federal programs such as Social Security might seem to be largely immune from the effects of a recession, but they're not. Here are five ways a recession could impact Social Security in the long run.
Image source: Getty Images.
