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SOCIAL SECURITY: IT’S JUST MATH

Social Security plus Medicare, of $ 2737 Billion. Close enough, if you don’t mind rounding up by 10%. It is not honest to start out by talking about Social Security,…

Soc Sec XIX: Narratology of ‘Crisis’

I have said a number of times in posts and comments here that the numbers on Social Security are all extremely important, because paradoxically little of the debate about ‘crisis’…

Boskin on Social Security: Abuse of Utility Theory

Michael Boskin makes his case for Bush’s Social Security deform, while Max Sawicky provides the critique. Max briefly touched on two aspects of Michael’s paper that relate to utility theory….