If people want to waste their time on this, I don't have a huge objection to the idea of somewhat higher taxes and somewhat skimpier benefits, but I think it's pretty silly. Recall that 75 years ago was 1937. Any minute spent in 1937 worrying about actuarial projections about 2012 as opposed to, say, Adolf Hitler or the Great Depression would have been a minute wasted.
Wednesday, November 28, 2012
75 Year Budgeting?
Matt Yglesias responds to a proposal from Senator Dick Durbin to craft a 75-year budget for Social Security: