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PETRUS

(3,678 posts)
16. Nonsense
Sat Mar 23, 2013, 10:17 AM
Mar 2013

Massive upward redistribution in wealth since the '70s is the reason so many people are not experiencing the benefits of increased productivity. Social Security is never projected to rise to more than 7% of GDP; during the 75 year planning period it actually begins to fall and stabilizes at around 6% of GDP. There is overwhelming support for this program among the public. At 6% or 7% of GDP, funding currently scheduled benefits, or even providing for increased benefits, is trivial. The only reason that doesn't just happen is because a very powerful minority stands in opposition.

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