[Schiendelman]

The first projected failure date I know of was 1979, which was reported on in the early 1970s.

There were amendments in 1977 that should have helped, but the 1980-81 recessions made it bad again; by 1982 the Trustees said it would be insolvent in 1983.

In 1983 the Greenspan Commission and the resulting amendments believed they pushed solvency through the 2050s.

In 2005 that was down to 2041, in 2010 it was 2037, and since then it's sat around 2033-2035.

In Jane Jacobs' book "Cities and the Wealth of Nations" in 1984, she saw the pattern, and brought up that you'd have to keep amending it forever.