[lbo-talk] Bush Buries Treasury Dept.Tax Report

[Michael Perelman]

Right.  But after the election, it will become useful -- or some other
similar work -- showing the need to privatize everything to avoid
dangerous deficits.

On Sun, Jun 01, 2003 at 12:29:37PM -0400, Doug Henwood wrote:
> Max B. Sawicky wrote:
> 
> >This study and generational accounts are ca-ca.  Just another way
> >of saying the sky is falling because of Social Security, Medicare,
> >and deficits.
> 
> Anyone looked at this study? As I recall, Kotlikoff & Gokhale play 
> some ridiculous statistical games, like assuming a long-term 
> risk-free real interest rate of 6% to make the numbers look 
> horrifyingly large.
> 
> Doug
> ___________________________________
> http://mailman.lbo-talk.org/mailman/listinfo/lbo-talk

-- 
Michael Perelman
Economics Department
California State University
Chico, CA 95929

Tel. 530-898-5321
E-Mail michael at ecst.csuchico.edu