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MMT+JG @thepublicmoney
Jun 8, 2018 • 13 tweets • 8 min read
This is a *very* good article by @M_C_Klein explaining the real implications of the recent Social Security Trustees report: barrons.com/articles/what-… /1
Start off by stripping away the financing and the money and focusing on the real: all retired--everyone who doesn't work--depends on the productivity of those who do. Whether they live off of private investments or government entitlements doesn't change that basic transfer. /2