Tag: Social Security projects immigration
Introduction The Trustees of the Social Security system have just issued the 2008 projections for the system over the next 75 years. The report contains two surprises. First, the 75-year deficit dropped to 1.70 percent of taxable payrolls from the roughly 2 percent it has been for the last 14 years. The decline was driven…
Introduction In recent years, policy experts worldwide have come to understand the importance of demographic projections in their efforts to think strategically about long-term challenges, from national security to retirement security. Much progress has been made in improving the fertility and longevity modules of the demographic projection puzzle. Little progress, however, has been made in…