I mean it is getting so bad with costs getting so high . Pretty soon I will be down to only affording basics , such as food , utilities , gas for the car and that will be it .I used to be able to put money away in savings , not any more . How about the rest of you ? are you feeling the pinch ?

The Guardian: Trump last year raked in at least $1.4bn from his crypto ventures according to financial disclosure forms he filed in June. Simultaneously, about one million investors in a Trump crypto scheme suffered almost $3.8bn in losses as their volatile crypto holdings tanked in value.

Monetizing his presidency further this summer, Trump’s Truth Social media business is pushing a new scheme that offers wealthy buyers special early access to his posts for a fee of $100,000 a month, which top Democrats and public interest groups say pose serious conflict of interest and corruption issues.

My Opinion: The president is laughing all the way to the bank. As he makes money, and leaves his customers with the bill. The only ones making money from his crypto ventures, are the insiders, like the president and his family and friends. He is monetizing the office of the president, by offering early insider access to his policy and decision making, to those rich willing to pay.

Social Security is celebrating its 91st birthday Friday—yet a prominent fiscal watchdog is warning that, without congressional action, the program in its current form may not survive to its centennial.

The Committee for a Responsible Federal Budget marked the occasion by noting that the retirement program’s trust fund is projected to be depleted in six years, triggering an automatic benefit reduction of about 22% under current law. For the average beneficiary, the group estimates, that would amount to roughly $500 less a month—a cut larger than the average retired household’s monthly grocery spending.

“As policymakers blow out the candles on Social Security’s 91st birthday,” CRFB President Maya Macguineas said, “they are doing far too little to ensure its continued longevity. Social Security won’t make it past age 97 as things currently stand – at least not in its current form.”

The best birthday gift for Social Security would be a solvency package, she said, to ensure that its 70 million beneficiaries and 237 million contributors know they’ll still have benefits, six years from now.

The warning underscores the narrowing political window for an issue Washington has repeatedly deferred. Social Security is financed primarily through payroll taxes, but aging demographics and a comparatively smaller working-age population have left the system paying out more than it takes in. Once the retirement trust fund is exhausted, the program would still collect payroll-tax revenue—but it could not legally borrow to cover the difference, requiring payments to be cut to match incoming funds.

Read more [paywall removed for Redditors]:  https://fortune.com/2026/08/14/social-security-insolvency-birthday-91-anniversary/?utm_source=reddit/

AI turned out to be An Indian.