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Wednesday 9 November 2011
If Social Security is a Ponzi scheme what is the Medicare Part D drug benefit?
The wild attacks on Social Security by Republican presidential candidates including Rick Perry’s famous characterization of the program as “a Ponzi scheme” are amusing, but are a serious distraction from the real fiscal issues facing the country. Rather than attacking a fundamentally sound 75 year old program with a specified revenue stream, it would be [...]
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