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The Entitlement Problem

As I said almost 2 years ago, the budget cannot be fixed without massively overhauled entitlement programs:

 

More to the point, those between the ages of 65 in 2010 are expected to take in $333B more in government benefits than they ever paid in taxes:

Read more about the sponging baby boomers in the full economist article here.

 

Posted in Economics, Politics.

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