pubsec-anstoex2

pubsec-anstoex2 - i,.;'<- .t -'" 'zI :)-^5()...

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4. a) National Savings - Private savings + Public savings Public Taxes Cov't Spending Ifwe separate out the Social Security taxes and spending from all other and gov't spending, (Soc Sec taxes Soc Sec spending) '+ (All other all other gov't spending) -fheactionstakenin l983.followingtherecommendationsoftheGreenspanCommission,createdasurplus in the social security budget exceeded Soc Sec spending). Ifother parts ofthe gov't budget had stayed the same, this would have raised public savings. That was the intention. Flowever. the evidence indicates that lawmakers, seeing improvement
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pubsec-anstoex2 - i,.;'&lt;- .t -'&quot; 'zI :)-^5()...

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