Tag: Social Security
Someone asked whether any of the reforms enacted by state and local pension funds seeking to solve their funding crises could be applied to Social Security. Some states reduced or temporarily suspended their yearly cost-of-living adjustments (COLAs) for their retirees – a solution that seems fair to me. This approach raises the inevitable question of…
Someone just asked me to give a talk on “entitlement reform.” I know reform is a good thing. And entitlement sounds bad. Merriam Webster’s online dictionary offers a definition: “a belief that one is deserving of or entitled to certain privileges.” Well, if greedy people out there are getting special stuff, we should fix it.&nbs…
