David Cay Johnston has this excellent post up on the soundness of Social Security. (Be sure to read the post below the first–also an excellent one.)

I was searching for an analysis of the losses of Social Security funds due to the stagnant wages of the past twenty years…I was wondering how much of an impact on the amount now in the bank?  How many millions or billions have been lost because wages did not  increase at the same rate as previously?

I found some hints of an article like that–one blurb on a site said that Boomers were deferring their retirement because they didn’t have the money due to stagnant wages….but when I tried to find the article mentioned, I came up empty.

I did find this, however:  http://money.usnews.com/money/business-economy/slideshows/10-industries-with-stagnant-pay/5

It’s interesting that not all people working in banks have gotten the windfall.