247 Wallst
20 Jun 2026, 00:18 UTC · 3h ago
Trump Says He’ll Protect Social Security. The Math Tells a Different Story
NewsImpactScreener rates every claim in this story for market impact and maps it to the tickers most exposed.
247 Wallst
20 Jun 2026, 00:18 UTC · 3h ago
NewsImpactScreener rates every claim in this story for market impact and maps it to the tickers most exposed.
What the story claims
3 claims · each scored for market impact
The Social Security OASI trust fund is projected to run dry in 2033, which would trigger an automatic 23% benefit cut if Congress fails to intervene. — A broad reduction in retiree income would significantly dampen aggregate consumer spending and increase economic instability.
-0.60Real hourly earnings decreased from $11.38 in January 2026 to $11.24 in May 2026. — Declining real wages indicate eroding purchasing power and a potential slowdown in consumer demand.
-0.40The 2026 Cost-of-Living Adjustment (COLA) for Social Security was set at 2.8%, which may lag behind the actual costs of medical and housing. — Inflation outstripping benefit increases creates a 'real' cut in income for the elderly, further constraining spending.
-0.20Continue reading
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