Why We Should Fund Social Security Permanently

Thomas Michl

Challenge, 2001, vol. 44, issue 6, pages 78-92

Abstract: As we note in this issue, budget surpluses are in doubt. But should the economy return to rapid economic growth, and indeed produce surpluses again, the author makes an interesting case. He argues that a classical growth model suggests social security should be totally funded, but it would be done by raising progressive income taxes.

Date: 2001

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