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Published 3 years ago with 1 Comments

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  • rosellem
    +2

    Another way to improve the solvency of the system would be to increase wages, since Social Security is financed by taxes on payrolls. Had earnings kept pace with productivity, as was the case before the Reagan era, Social Security would be solvent indefinitely with no further adjustments.

    So many modern economic problems caused by the lack of wage growth.

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