David Coates

November 22, 2010

Eating the Old at Thanksgiving

Thanksgiving is America’s great family holiday, the one time in the year when the various generations of the American family make every effort to gather together in some mutually convenient place, the better to share a turkey dinner and to eat pumpkin pie. read more »
August 18, 2010

The Looming Battle over Social Security

“Social Security is not the trouble; it’s just the target.”[1] It would appear that there will be a new battle awaiting us on the other side of the mid-term elections – as though we did not already have battles enough – one about Social Security and its future. [2] read more »
May 3, 2010

Chapter 5: May 2010 Update

The depth of the recession reportedly created in 2010 the situation long projected for 2016 – the moment at which the Social Security Fund paid out more than it took in: a projected small shortfall for 2010 of $29 billion in a total inflow and outflow of $700 billion. The gap will be more than […] read more »
November 26, 2009

Chapter 5: Introduction

The recession hit pensions and pensioners hard. It led the administration to estimate that the Social Security fund would be exhausted four years earlier than previously thought – that is, by 2037 (this in The New York Times May 13 2009). It put the public pension schemes for teachers, police officers and other government employees […] read more »

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