The Delta Hedge

Interested mainly in the day to day volatility of the market, sports world, and daily life... Influences Adam Smith, Irving Fisher, Frank Knight, Jacob Viner, Harold Hotelling, Arthur Burns, Friedrich Hayek, Homer Jones, Ludwig von Mises, Henry Simons, George Stigler You can follow me on twitter at: The Delta Hedge
Recent Tweets @THEDELTAHEDGE
Analysis: Time to start #Social Security #overhaulAny politically acceptable approach to reforming Social Security would mean cutting benefits for future retirees while leaving current recipients unaffected, which is a “generational injustice,” according to The Economist. Unfair as it probably is, the U.S. might as well get on with it now. “If the political constraint is as it seems — that the people who are the current beneficiaries are going to balk like mules — then the generational injustice is inevitable, and it’s better to take that hit sooner rather than later,” the magazine said. 

Analysis: Time to start #Social Security #overhaul
Any politically acceptable approach to reforming Social Security would mean cutting benefits for future retirees while leaving current recipients unaffected, which is a “generational injustice,” according to The Economist. Unfair as it probably is, the U.S. might as well get on with it now. “If the political constraint is as it seems — that the people who are the current beneficiaries are going to balk like mules — then the generational injustice is inevitable, and it’s better to take that hit sooner rather than later,” the magazine said. 

  1. deltahedge posted this