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Examples
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Fine, same thing, those are the future taxes that will have to be collected to pay SS's liabilities as of today if the program is ended tomorrow.
Comment of the Week, Arnold Kling | EconLog | Library of Economics and Liberty 2009
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As Friedman has pointed out, the obligation to make SS's backward transfer is a national obligation that should be paid off by general revenue.
Kotlikoff on Social Security, Arnold Kling | EconLog | Library of Economics and Liberty 2009
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Similarly, various SS privatization proposals have been scored by the SSA actuaries and CBO as reducing or eliminating the net present value of SS's current $10 trillion unfunded liability -- because the borrowing eliminates future accruals of unfunded benefits by an amount that exceeds the cost of the borrowing.
Social Security Reform, Arnold Kling | EconLog | Library of Economics and Liberty 2009
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My understanding is that SS's 'optimistic' scenero shows it in the clear as far as the eye can reasonably see.
Private Investment is Dangerous, Arnold Kling | EconLog | Library of Economics and Liberty 2009
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(If SS's "defenders" don't smarten up soon and move to a Feldstein -, Moynihan -, or Swedish-style reform first, while there is still enough time to do it.)
Comment of the Week, Arnold Kling | EconLog | Library of Economics and Liberty 2009
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Since the benefits are progressive the increase in income increases SS's financial stablility.
Private Investment is Dangerous, Arnold Kling | EconLog | Library of Economics and Liberty 2009
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The other thing that I just thought of is most SS's have a splinter (thin) fore grip, and it would be hard to keep your hand off of the barrel maybe ... the barrel gets hot shooting targets.
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The other thing that I just thought of is most SS's have a splinter (thin) fore grip, and it would be hard to keep your hand off of the barrel maybe ... the barrel gets hot shooting targets.
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You define $X as the “SS's unfunded retirement liability as of TODAY, to today's workers and retirees”. ...
Comment of the Week, Arnold Kling | EconLog | Library of Economics and Liberty 2009
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You define $X as the “SS's unfunded retirement liability as of TODAY, to today's workers and retirees”.
Comment of the Week, Arnold Kling | EconLog | Library of Economics and Liberty 2009
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