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Soc Sec XXII: What if? Low Cost as Fairy Tale

…Dollars, Calendar Years 2008-85 [In billions]. First thing to note is that Low Cost does not mean No Cost, that dip in the ratio between 2023 and 2041 represents transfers…

Soc Sec XX: Reframing the Trust Fund

…in case of a revenue dip that sent Income below Cost. Now that is a system in crisis. So time to bust myths 2 and 3. Because while you can…

Singapore and healthcare

…fees. The idea is to cover fully the bills of most patients in state-subsidized wards of public hospitals. Beyond that, individuals dip into their own pockets or use benefits from…

Noise in the Labor Market Statistics

…increase of 197,000. The dip in the recorded employment-to-population from 62.9% in August to 62.8% in September was reversed with the ratio being 62.9% in October. I guess we’ll Jack…

Will Bernanke Follow a Price-Rule Approach?

…years, I have grown a little softer on the Volcker FED understanding that his second dip of monetary contraction was a reaction (make that an overreaction) to Reagan’s fiscal irresponsibility….