Posts Tagged ‘social security’

  • QE3 and the Baby Boomers

    Sep 14, 12 • 341 Views • No Comments

    At the beginning of yesterday’s QE3 press conference, Fed Chairman Ben Bernanke referred to the plight of savers. Similarly, during an August “Conversation With the Chairman,” Dr. Bernanke was asked, “What about the savers?” Both......  [read more]

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    More Than a Mandate

    Jun 22, 12 • 325 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 • 484 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]

  • India's UID Program Uses Fingerprints and Iris Scans

    Identity Checks

    Jan 19, 12 • 409 Views • No Comments

    Opening a savings account? You need to confirm your identity. Enrolling for Social Security or Medicare? They check your credentials. But what if you cannot prove who you are? Signing up for India’s Unique Identity (UID) program has enabled many......  [read more]

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    A Surprising Deficit Worry

    Oct 22, 11 • 357 Views • No Comments

    Who do you think is the biggest holder of U.S. government debt? The U.S. government. Whenever Social Security collects more payroll tax money than it needs, it buys U.S. securities. Retaining cash would mean no return, buying stock could be risky and,......  [read more]