Answer:According to the Social Security Administration's (SSA) 2010 Trustees Report, the recession had a significant impact on the long-term solvency of Social Security. The report noted that the recession had accelerated the depletion of the Social Security Trust Fund, which was projected to be exhausted by 2037.
Step-by-step explanation:During the Great Recession, individual actions had a significant impact on the long-term solvency of Social Security. The recession led to a decrease in employment and wages, which resulted in fewer workers paying into the Social Security system. Additionally, many individuals who lost their jobs during the recession began claiming Social Security benefits earlier than they had planned, further straining the system's finances.