The Gig Economy
With the growing number of startup companies, the gig economy seems to be on the rise. Gig type employment has expanded from maids and the kid that cuts your grass to Instagram influencers to uber drivers. PayPal, Venmo and Zelle make it easy to compensate cash-in-hand types of jobs but ultimately result in an increase in unreported income. How is the gig economy affecting social security and Medicare? Is it good or bad for our country and the economy?