Posts Tagged ‘social security’

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    What Should Government Pay For?

    Nov 13, 10 • 87 Views • Economic Debates, Economic History, Government, Macroeconomic MeasurementNo Comments

    Topping its front page with “CUT, RAISE, RAISE, LOWER, REPEAL, SCRAP, CUT, CUT,” The Wall Street Journal told readers some of the new deficit commission’s proposals. 1) For defense spending, the cut would be $100 billion. 2) The Social...

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    Social Security Thoughts

    Sep 17, 10 • 108 Views • Economic Debates, Economic Thinkers, Government, Households, Thinking EconomicallyNo Comments

    Having just passed the French lower legislative branch, a gradual increase in the French retirement age from 60 to 62 during the next 8 years will probably be enacted. In the US, we are gradually ascending to 67 in 2027. It all sounds so logical. It...

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    A Smaller Safety Net?

    Sep 10, 10 • 109 Views • Economic Debates, Government, International Trade and Finance, Labor1 Comment

    In France, a 24 hour workers’ strike brought retirement rights back to the headlines. Saying that a 60 year old retirement age was no longer affordable, French President Sarkozy has proposed moving it up to 62. French workers disagree. In the U.S., a...

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    Social Insecurity: Part 3

    Aug 15, 10 • 120 Views • GovernmentNo Comments

    Do you prefer adjusting COLAs or the full retirement age (FRA) to ensure the survival of the U.S. Social Security program? To decide, you might want to know how different solutions will affect high and low income earners.   One way to solve...

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    Social Insecurity: Part 2

    Aug 4, 10 • 105 Views • Government, Macroeconomic MeasurementNo Comments

    The average social security check received by a retired grandma is $1169. Multiply that by 35 million recipients, add to it other social security obligations, and this year, you have more money leaving than entering the social security “bank...