Sunday, January 09, 2005
To Infinity and Beyond!
On this blog, we take the long view. Accordingly, we appreciate the Social Security trustees violating recognized actuarial practices (via Prairie Weather) and projecting the system's solvency until infinity. But have these far-sighted trustees taken into account the fact that workers contributing on the day before Andromeda hits will never retire? Pay-as-you-go seems a lot more sensible in light of the looming collision.
