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View Diary: Since when did Entitlements become a Bad Thing? (215 comments)

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  •  Actually, we don't know what's going (3+ / 0-)

    to happen in 2037...estimates on such a long timeline are really absurd. On the other hand, the scheduled drawdown of the trust fund surplus (created to fund the needs of Baby Boomer retirement) is running ahead of schedule thanks to the loss of so many millions of FICA-paying jobs...the cap needs to be lifted in order to maintain the program under the demands of the large retiree cohort in the coming years, especially if there is inflation and COLAs are needed.

    "All governments lie, but disaster lies in wait for countries whose officials smoke the same hashish they give out." --I.F. Stone

    by Alice in Florida on Sun Jan 23, 2011 at 11:14:06 AM PST

    [ Parent ]

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