Tag: GDP
Raucous debate clarified the national defense case for strategic tariffs, but it is very hard to argue for a world-wide tariff war. In a recent blog, I pointed out that President Trump’s policies are undermining retirement security in three ways: disrupting Social Security’s ability to deliver services; reducing 401(k) asset values; and increasing layoffs and…
Actually, sustainability could likely be achieved by stabilizing pension debt. The Center’s most recent issue brief makes a strong case for shifting the focus of fiscal sustainability for state and local pension plans from full funding to stabilizing their pension debt as a share of the economy. While full funding is tidy in the sens…
