Reading the Social Security Report: "What is crisis? In context?"
…income came in three primary forms: contributions from payroll (FICA), tax on benefits, and interest on Trust Fund principal. In 2011 the loss of income due to the payroll tax…
…income came in three primary forms: contributions from payroll (FICA), tax on benefits, and interest on Trust Fund principal. In 2011 the loss of income due to the payroll tax…
…the categorization problem teaches us is that we should eliminate categorization problems that create inevitable inequitable differentiations by eliminating the category difference. Get rid of the preferential rate for capital…
…and Games, which is now exclusively Stan Collender’s as “principal writer and managing editor.” It is also rebranded “Stan Collender’s Capital Gains and Games.” (The URL remains unchanged.) Stan has…
…on card check, principal reduction, and his father being Jor-El—only went for big-ticket items. Mike goes in detail over the ground I discussed here: the idiocy that is the 2010…
…actual decrease in TF balances or in other words a cashing in of principal in the form of Special Treasuries. But back to cash flow. Determining it for any given…
…principal.) [UPDATE: Blue Jersey highlights the line I missed: Fitch believes that meeting the requisite increases in pension contributions will be challenging and is likely to conflict with other long…
…heading into a recession. Nor do I believe stocks will continue to swoon. The principal reason for the sub-par first-half economy is the rise of inflation, which severely damaged real…
…original principal balance of $424 billion.” I am personally frustrated, because I hate Bank of America. When I was 17 I opened an account at BayBank (my mom had to…
…a concrete employment plan. The stimulus provided relief, but it was too small and did not focus on job creation. The administration’s problem is not a question of economics, but…
…is the principal. It must be able to prevent its agents from acting against its interests. So I think that the Fed can act as owner of mortgage backed securities…