News

The dramatic solutions to lift the country’s economy, as only college students could imagine

If you think Chris Christie’s Social Security plan is bold, you should see Team 109’s. It would raise the retirement age to 70, cut benefits for new recipients by 15 percent, switch inflation calculators to reduce benefit growth and raise the cap on income subject to payroll taxes to fund the program. It puts privatization back on the table.

The game required students to stabilize America’s national debt as a share of the economy over the next 25 years. You’ve heard of Model U.N.? This was Model Simpson-Bowles.

By Jim Tankersley

Full Story: http://www.washingtonpost.com/blogs/wonkblog/wp/2015/04/16/the-dramatic-solutions-to-lift-the-countrys-economy-as-only-college-students-could-imagine/

Posted in:

Sorry, we couldn't find any posts. Please try a different search.

Leave a Comment

You must be logged in to post a comment.