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Economics

New Wharton forecast puts Social Security trust fund depletion later than official projections

New Wharton forecast puts Social Security trust fund depletion later than official projections

Speaking about the depletion of the Social Security trust fund, Kent Smetters of the Wharton School says, “We’re still talking about a pretty sizable increase that would be necessary in terms of taxes or benefit cuts going forward, and if we don’t take action soon, that number just simply goes up.”

Q&A: How big, loud trucks quietly shape people’s lives
Fuel prices are displayed at a truck stop next to a parked truck.

With diesel prices on the climb, truckers across the United States are adopting fuel-saving measures like driving more slowly to reduce operating expenses.

(Image: Scott Olson / Staff via Getty Images)

Q&A: How big, loud trucks quietly shape people’s lives

Sociologist Steve Viscelli discusses the pain points many American truckers face as they contend with rising fuel costs and the shifting transportation landscape.

3 min. read

The housing market
Housing Market

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The housing market

A roundup of Penn Today stories focusing on the economics, planning, and policies of housing and urban planning.

Penn Today Staff

2 min. read

How sports are a local growth engine

How sports are a local growth engine

A recent panel convened by the Wharton Sports Analytics and Business Initiative featured city and sporting officials discussing the economic impact for Philadelphia as it hosts the FIFA World Cup.