The army of perennial doomsayers about the financial condition of Social Security had to be a little crestfallen after the release of the program trustees' annual report last week.
That's because the report documented that the program's condition had actually improved in the last year, if modestly.
More to the point, the trustees' data underscored that the cost of maintaining Social Security benefits at current levels, or even expanding and improving them, is well within the capacity of the American economy at least to the end of this century, which is as far as the trustees looked.
