Peter Coy is a veteran economics and business journalist. He’s written for the Associated Press, BusinessWeek, Bloomberg Businessweek, and the Opinion section of The New York Times. He’s now freelancing and writing books.
Peter and I have been discussing economics for ever. He’s interviewed me about a range of topics, from retirement planning, making carbon taxation a win-win, optimal Roth Conversions, even running for President. And I’ve interviewed Peter. Here’s my recent interview with Peter covering his career and the economy.
And here’s Peter’s just-released podcast with me — Social Security’s Deficit Is Just a Start — that discusses the really bad news about Social Security’s finances. Social Security’s financial condition is in 2.3 times worse shape than you’ll learn in their just released Trustees Report unless you check out table VI.FI hidden deep in Appendix F. Why is it hidden and ignored in the “Trustees’” overview? To ensure you won’t see it. But the able says everything you need to know about Social Security’s long-term finances. It shows that without alternative policies, all Social Security benefits need to be cut by 31 percent, starting *immediately and permanently! *This is far worse than the 22 percent benefit cut the Trustees say we need starting, not immediately, but in six years.
Soc Sec's Deficit Is Just a Start
Do subscribe below to Peter’s Substack. Peter is one of our nation’s truly premier economics journalists.
And now some ads from your sponsor — Moi!
Economics Matters — Blog/Podcast/Financial Riddler/MaxiFi Puzzler
**Sign up for a free subscription at larrykotlikoff.substack.com. **I’ll immediately make it a free lifetime subscription. *Also, pls sign up kids, parents, …, everyone you know. *
Paid subscriptions come with an hour’s financial discussion. Email me at kotlikoff@gmail.com to set a time. Afterwards, unsubscribe and resubscribe for free. Subscribe as a Founding Member - Need your help to break even in conveying economics’ powerful answers to global, national, and personal issues and problems.
**Teaching Financial Literacy/Economics at any level? **Email me for free MaxiFi licenses for your students and a free PRO license for yourself. kotlikoff@gmail.com Speaking Inquiries — Email kotlikoff@gmail.com
Of Possible Interest:
What Are My Optimal Roth Conversions?
Should I Take Social Security Early?
Need an Hour of Financial Therapy?
Click for MaxiFi Concierge Service
License MaxiFi Planner
"Best Personal Financial Software, 2025"
Can I Invest with a Floor?
Building a Tips Ladder
