Posts Tagged ‘pay-as-you-go’

  • In 2033, the Social Security program will be unable to pay all promised benefits to recipients.

    Will You Get Your Social Security Benefits?

    Aug 11, 14 • 335 Views • No Comments

    The 2014 Social Security Trustees Report says that after we deplete the remains of the program's trust funds in 2033, payroll taxes will not provide all promised benefits....  [read more]

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    More Than a Mandate

    Jun 22, 12 • 239 Views • No Comments

    Yesterday, the odds on intrade were 76% that the Supreme Court will declare the health care insurance mandate unconstitutional. This started me thinking about Social Security during 1935. Several states had old age insurance and the federal government was...  [read more]

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    Aging Benefits

    Apr 26, 12 • 344 Views • No Comments

    When you combine better health care with generous pensions you get (choose one): happy retirees happy politicians insufficiently funded national pension programs the eurozone the United States other   To select an answer let’s begin with 1935. Just...  [read more]

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    A Social Security Collision

    Jun 20, 11 • 307 Views • No Comments

    Ask a 56-year old and a 26-year old about Social Security and you will probably get very different answers.  In the NY Times, an unemployed 56 year old woman said: “My investments took a bath, then being out of work for a few years–I’m...  [read more]

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    Medicare Math

    May 1, 11 • 295 Views • No Comments

    The ratio is 3 to 1. The “3” is how much Medicare recipients are receiving. The “1” is what they paid. Still though, you can see from this NPR report why most people call Medicare an entitlement. According to a study from the Urban...  [read more]