Saturday, December 03, 2005

12/02/05 misc notes

...Mr. Greenspan's comments regarding the upcoming retirements of the 78 million baby boomers and what effect that will have on the economy, since the government has likely promised them more in social security and other benefits than can be delivered. He warns that unless those benefits aren't reworked in some way that they would add to the budget deficits and threaten the future living standards of Americans.
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