Saturday, July 01, 2006

what to do about spending

Increase the age for super by one year each year for 5 years. then take a break and try and do it again as the population grows older.
two aims
1) Efficiency - getting healthy people to work
2) Fairness - each generation should spend about the same percentage of their adult life in work.
both should result in a pretty big savings in terms of super


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