DON’T WORSEN SOCIAL SECURITY’S SOARING COST PROBLEM

Followers of politics may have noticed a recent push from the left to expand Social Security benefits above and beyond the current-law growth schedule (which itself remains unfinanced). Such an expansion has received support from moveon.org, Paul Krugman, and even from some sitting U.S. Senators. While expanding a popular program carries an obvious political utility, any reasonably careful analysis of Social Security reveals the idea to be highly problematic at best...Read More
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