William Sharpe casts a sharp eye on Social Security
Raising taxes or scaling down Social Security and Medicare could preserve those programs, said Prof. William F. Sharpe.
Raise taxes by 7%, cut Social Security and Medicare benefits by the same degree, or do a combination of the two.
Those alternatives, according to Nobel Prize-winning economist William F. Sharpe, are the only ways to keep the nation’s retirement systems viable.
“Social Security is
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