Episode Details

Social Security resembles other government programs because its tax revenues are spent in the year that they are raised.

(Social Security’s benefits expenditures have exceeded its revenue from payroll taxes every year since 2010. The program is already thoroughly in the red.)

Today's Stocks & Topics: Jobs Market, Electric Cars and Workers, Stocks Buybacks, CE - Celanese Corp., PARA - Paramount Global Cl B, WFC - Wells Fargo & Co., GSBD - Goldman Sachs BDC Inc., BIT - BlackRock Multi-Sector Income Trust, Closed-End Funds, FTRNX - Fidelity Trend Fund, Securities-Backed Line of Credit (SBLOC).