Elmendorf said there are various ways to proceed: But they tend to - TopicsExpress



          

Elmendorf said there are various ways to proceed: But they tend to be unpleasant in one way or another, and we have not, as a society, decided how much of that sort of unpleasantness to inflict on whom. Americans have paid Social Security taxes for decades, expecting to get benefits in retirement. But the money people paid years ago was used to fund other government activities. So, If one wants to change those programs, then giving people a lot of warning about that -- those changes coming -- would be especially important, he said.
Posted on: Wed, 19 Mar 2014 22:48:22 +0000

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