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Laurence Kotlikoff: Retiree Ponzi Scheme Is $16 Trillion Short

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Social Security just celebrated its 75th birthday. Love it or hate it, it has done its job and should retire. We need a new system, the Personal Security System, which retains Social Security's best features, scraps the rest, and covers its costs.

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That's bullshit. by daveys on Wednesday, Aug 25, 2010 at 6:02:50 PM