Thu June 20, 2013
It is known as, "Rosser’s Equation." It proposes that all those who have been predicting that Social Security will go bankrupt soon... are wrong.
In fact, according to this particular economy theory, future Social Security recipients will be getting significantly more in benefits than what retirees are receiving today.
We go in depth with the Virginia economist for whom this analysis is named.
J. Barkley Rosser, Jr. Ph.D. - Author of numerous books on economics, including Complex Evolutionary Dynamics in Urban-Regional and Ecological Economic Systems: Beyond Catastrophe and Chaos [Springer, 2011]. Professor of Economics and the Kirby L. Cramer, Jr. Professor of Business Administration at James Madison University.