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There is a, as far as i can tell, interesting work paper from non other then the IMF regarding fiscal policy and the age issue.

Aging: Some Pleasant Fiscal Arithmetic

I don't have the mathematical stamina or the background to judge its merits but i hope it is useful to this discussion, in the hands of someone more able.

Overall it proposes things may not be as tragic as some make them, hence the "Pleasant".

by Torres on Fri Apr 7th, 2006 at 07:53:01 AM EST
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