Your government at work
Ok, in the first chart below, we see the ratio of workers to beneficiaries go from 41.9 to 3.3.
Then, in the table further below, we see the tax rate move from 2% to 15.3%.
I like to troll through Dr.Mark Perry's blog every week or so.
Dr. Perry is a professor at the University of Michigan, Flint Campus, School of Management.
Here's a nice table that illustrates what might be the single most profound issue with the "Social Security Trust Fund".
We are living a lot longer.
But retiring younger.
Click anywhere in the chart for Mr. Perry's fine blog, "Carpe Diem"
A new term, gaining popularity across the country was coined in 2007 by Jack Mchugh of the Mackinac Center for Public Policy located in Midland Michigan.
Mr. McHugh also edits Michiganvotes.org.
Both organizations are highly recommended.