Hiring Freeze Accelerates, Social Security Risks Insolvency | Mark Hamrick
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Mark Hamrick, Senior Economic Analyst at Bankrate, warns that Social Security faces insolvency by 2033 with 23% benefit cuts coming while the job market has stalled and recession risk is rising. *This video was recorded on October 24, 2025.Subscribe to my free newsletter: https://davidlinreport.substack.com/Listen on Spotify: https://open.spotify.com/show/510WZMFaqeh90Xk4jcE34sListen on Apple Podcasts: https://podcasters.spotify.com/pod/show/the-david-lin-reportFOLLOW MARK HAMRICK:X (@hamrickisms): https://x.com/hamrickismsWebsite: https://www.bankrate.com/LinkedIn: https://www.linkedin.com/in/markhamrick/FOLLOW DAVID LIN:X (@davidlin_TV): https://x.com/davidlin_TVTikTok (@davidlin_TV): https://www.tiktok.com/@davidlin_tvInstagram (@davidlin_TV): https://www.instagram.com/davidlin_tv/For business inquiries, reach me at david@thedavidlinreport.com*This video is not financial advice. The channel is not responsible for the performance of sponsors and affiliates.0:00 - Intro.0:56 - Economic data3:44 - Social Security8:49 - How did the program fail and its ramifications12:55 - Inflation16:28 - Housing and affordability21:18 - Real Estate mega trends25:10 - Economic trends to watch29:57 - Labor market34:16 - Consumer sentiment36:09 - Outlook for the labor market38:17 - U.S. economic growth#economy #inflation #investing
United States
