It was worth reading the piece by Roger Lowenstein in the recent Sunday New York Times Magazine. Here are some excerpts: After Bush’s re-election, I carefully read the 225-page annual report of the Social Security trustees. I also talked to actuaries and economists, inside and outside the agency, who are expert in the peculiar science […]
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Jonathan Tasini's Ruminations on Work, The Economy, and PoliticsTag Archive | "Economy"
The Phantom Social Security “Crisis”
Posted on 20 January 2005.
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Ronald Reagan Saved Social Security
Posted on 08 January 2005.
FDR created social security–and Ronald Reagan saved it… Hard to remember but when Social Security was supposedly facing a financial bind back in the 1980’s, Reagan made a deal with Tip O’Neill (then-Speaker of the House in the days when Democrats still controlled Congress): no benefit cuts and a hike in taxes. True, it was […]
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China’s Booming Trade
Posted on 06 January 2005.
If you wanted any more information about the rise of China as the world’s global economic power of the next century, today’s Wall Street Journal reports: “China’s trade volume was $1.1 trillion in 2004, state media reported, up from $850 billion the previous year. The record annual trading volume, the sum of China’s exports and […]
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