The Decline and Approaching Fall of the U.S.: When Social

Format: Hardcover

Language: English

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The Carnegie Endowment has other centers in Moscow, Beirut, and Brussels (the latter for the EU), all of which tend to focus on regional topics. • Center for International Policy -- Policy organization in Washington, D. Still, many Americans did not share in the prosperity of the 1950s. According to the 2009 Annual Report of the Board of Trustees, published May 12, 2009, Social Security ran a surplus of $180 billion last year and had accumulated a reserve of $2.4 trillion. (Even excluding the interest income, there was still a surplus of $64 billion.) People advising the Greenspan Commission believed in the lock box: "Some have argued that Social Security's investment income should be ignored because it involves inter-fund transfers which are not shown when the federal budget is displayed on a unitary basis and are irrelevant for the limited exercise of macroeconomic analysis."

Pages: 180

Publisher: AuthorHouse; First Edition edition (December 23, 2004)

ISBN: 1418449210

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