Opinion: Want to save Social Security? Embrace Latinos

April 10, 2015 11:39 AM

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Opinion: Want to save Social Security? Embrace Latinos

In 1967, Nobel economist Paul Samuelson praised Social Security as the "eighth wonder of the world" for allowing workers to receive benefits far in excess of their contributions.

But that eighth wonder is now under pressure from three powerful levers: falling birth rates, rising longevity, and hordes of retiring baby boomers. The first decreases the number of new taxpayers while the other two increase the number of retirees.

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