When discussing the statements sent to you by the federal government that predict your future Social Security

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When discussing the statements sent to you by the federal government that predict your future Social Security payments, we said, “Don’t be surprised if those predictions turn out to be a little bit optimistic.” Consider why this might be wrong: Why might these predictions be too pessimistic, precisely because Social Security recipients are also voters? Hint: Senior citizens are more likely to vote than younger citizens.
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Modern Principles of Economics

ISBN: 978-1429278393

3rd edition

Authors: Tyler Cowen, Alex Tabarrok

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