Max wrote:
>The SS problem, such as it is, is rather a matter of reassigning claims to
>output, not augmenting output per se.
the gov't may not know about stimulating long-term supply-side growth, but
they should.
>More claims must be assigned to beneficiaries for benefits to be payable,
>and fewer claims to everyone else. The issue is 95%
>political, rather than economic.
I think the left (however defined) is going to lose if the problem is
defined totally in these terms.
Also, we shouldn't equate "political" with "redistributional." Capitalists
redistribute from each other and from workers all the time as part of the
normal _economic_ process.
Jim Devine [EMAIL PROTECTED] & http://liberalarts.lmu.edu/~jdevine
