Sunday, October 13, 2013

I am the only one, EVER, to get David Walker to admit that Social Security can never become insolvent

Here it is. The clip from my interview with him back in 2008 on my radio show.

Mike Norman's interview with former Controller General of the U.S. David Walker, who admits that Social Security can never become insolvent.

4 comments:

Roger Erickson said...

He's since refused to discuss it, Mike.

Official line: That admission never happened. [Because you (or any non-billionaire citizen) don't matter - at least to D.Walker's circle!]

googleheim said...

The power of the Mike Norman Invariants - this is one of them.

Anonymous said...

By the way, you can read Godley and Lavoie's 'Monetary Economics' (2007) online here:

http://dl4a.org/uploads/pdf/Monetary+Economics+-+Lavoie+Godley.pdf

There's a lot in there I don't understand but I'd say it's worth reading through anyway just to see what it's about. There's a lot of interesting stuff on post-Keynesian economics and some shout-outs to MMT authors. I wish there was more online discussion about this remarkable book.

Matt Franko said...

y,

You can get with Ramanan on that book I'd assume if you have questions over at his concertedaction blog...

rsp,