Kirby R. Cundiff

Kirby R. Cundiff, Ph.D. (cundiffnsu@yahoo.com) is the finance program coordinator and associate professor of finance at Park University in Kansas City, Missouri. He is a chartered financial analyst and a Certified Financial Planner™.

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Social Security: The Long Slow Default

Taxes and SpendingU.S. EconomyU.S. History

11/11/2015Mises WireKirby R. Cundiff

Social Security has never involved legally-binding contracts between the government and those who allegedly “pay in.” Nevertheless, the government has long pretended that there is a contract, except when it gets in the way of raising taxes to keep the program afloat.