Saturday, June 20, 2015

Things that can't go on....don't

Washington Examiner: "Pension tidal wave is about to crash down on taxpayers."

Note this line: "At the root of the trouble are government pension systems, which today differ vastly from the way they looked when many were created about 100 years ago."  That's what drives me crazy in the debate over Social Security reform: retirement ages, the nature of work, worker-to-retiree ratios, and life expectancy have changed radically since the 1930's but touching a hair on the head of Social Security is considered heresy.

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