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Continued here: Social Security Payouts Per Worker; Accrued Interest on Accrued Promises; Imagination
Bruce Krasting notes Ben Bernanke Is Facing A Legacy Problem The surprise of the week was not the goofy ending to the cliff. It was the minutes from the Fed. The meeting in question took place on 12/12, just 23 days ago.
See more here: Social Security Trends: Beneficiaries, Total Costs, Number of Workers, Ratio of Workers to Beneficiaries
Krugman Supports the $1 Trillion Coin; Why Stop There? I Support the $1 Quadrillion Coin There is a lot of crazy talk out there regarding the minting of a $1 trillion coin to get around the debt ceiling
More here: Google’s Self-Driving Car Takes on D.C.; Not Quite Ready For Real World … Yet
Read More: Startling Look at Employment Demographics by Age Group: Spotlight on Age 25-54
The Bears’ Prayer Posted by Michael Shedlock at 11:58 AM Disclaimer: The content on this site is provided as general information only and should not be taken as investment advice. All site content, including advertisements, shall not be construed as a recommendation to buy or sell any security or financial instrument, or to participate in any particular trading or investment strategy
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Read more here: Glass Half Missing? What About Healthcare Premiums? What’s the Hit to GDP?
