European Tribune - Comments - Let's Ban the GDP

Let's Ban the GDP | 41 comments (41 topical, 0 editorial, 0 hidden)

You are aware, I'm certain, of the long-standing dispute about whether social security is a trust fund run by the government or an intergenerational wealth transfer program. The dispute has been going on since the 1930s...

But in any case there is hardly any difference between a mandatory insurance policy run by a government and a tax.

by asdf on Mon Oct 31st, 2005 at 12:36:02 PM EST
[ Parent ]

and since social security surpluses (none / 0)

have long been used to finance general government spending; and since social security defecits, projected to start in 2018 or so, are by law required to be paid from general revenues, it seems that futher weakens the argument.

by wchurchill on Wed Nov 2nd, 2005 at 02:47:53 PM EST
[ Parent ]

Let's Ban the GDP | 41 comments (41 topical, 0 editorial, 0 hidden)

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