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Actions to solve Social Security

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Retirement of the baby boomers threatens the Social Security system because the number of retirees will be relatively large compared to the number of workers remaining by 2020. What possible actions could offset this effect?

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Solution Summary

The solution considers some options to solve the baby boomers problem.

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This is a true statement. Because the number of retirees will be relatively large compared to the number of workers remaining by 2020, the Social Security System is indeed in danger. A ...

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