Sunday, May 01, 2005

Growth in Productivity improves Social Security finances

At Last! An Article about Social Security mechanics rather than the current political storm!

For the wonks among us, Brad Delong applies his economic skills to explain why growth in economic productivity improves social security finances over time.

He is responding to the carping of a National Review complaint, so his title doesn't give any clue to what he is going to say. But he then provides a pretty good explanation of the situation.


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