…economic growth, a continued boost to inflation from higher energy prices, and fiscal pressures associated with the fast approaching retirement of the baby-boom generation. The drop in long-term rates is…

…One reason had to do with the payroll tax increase to pre-fund the Social Security benefits of the baby boom generation. Kevin Drum is a very sharp blogger – especially…

…and educate their children so that they can be the first generation with a realistic chance of living a significantly better life than a medieval peasant. One last word about…

…it actually rose for those 55 and over; and (2) labor force participation is rather low for the 55 and over group. The baby boomers generation has reached age 55…

Sita Nataraj and John Shoven write: In order to ease the burden on workers during the retirement of the baby boom generation, the 1983 Social Security Reforms set payroll taxes…

…vehicles as a share of GDP, however, have grown to over 1.2% of GDP. Detroit’s decline a generation ago did not begin from foreign competition but rather a decline in…

…for a younger generation of Americans. The Social Security trustees have estimated that every year we wait to solve the problem, to fix the hole in the safety net for…

…praised on This Week, supposed to do if not prefund the retirement benefits of the Baby Boom generation? Maybe the argument is that Reagan and Bush has squandered it to…

…tax rates was that we would be pre-funding the Social Security Trust Fund to accumulate reserves for the retirement years of the baby boom generation. Even though I’m a Democrat…

…– again. A fund with $8 trillion by 2020 and that will supposedly not even have a cash flow deficit for another generation is in trouble? Someone explain to Tim…