Well more than you might think. If you examine the economic and demographic assumptions that together generate the standard Intermediate Cost alternative of the Social Security Trustees you see a…

…they can become a problem. To see why you have to examine the past and present projection of the Low Cost Alternative. From 1997 to 2007 Low Cost always returned…

…today’s seniors, with requiring kids to remain uninsured for a full year before they can transfer from a private plan to a new government alternative. Many of the same people…

…Cost alternative Social Security is projected to return 78% of the scheduled benefit at Trust Fund depletion. This figure is up fairly significantly from the 2004-2005 timeframe in which LMS…

…numbers for 2008, 2012, and 2016 from the standard Intermediate Cost alternative. Productivity 1.9%, 1.8%, 1.7% Real Wage Differential 1.3%, 1.2%, 1.0% Real GDP 2.3%, 2.5%, 2.3%. Note here that…

…be]. In the real world, investment banks spend millions of dollars to attain that “efficiency.”*** Nor is anyone of the illusion that the terms of all transactions are completely voluntary…

…comes then all’s fair. That is there is no functional distinction between drawing a benefit dollar from the existing investment pool as opposed to simply paying it out of current…

…no alternative but to stay on its competitive toes. We can, if we choose, spread that model more widely. How? Let’s start with a higher minimum wage, a union-friendly workplace,…

…match its erection of showcase projects. The alternative to such a synthesis is simply frightening to contemplate. More important for the west, I think, is to be true to your…

…The alternative is to try and avoid booms and crashes through regulatory and fiscal mechanisms designed to work against the incentives … for traders and investors to double up or…