Geanakoplos, John; Zeldes, Stephen P. - Cowles Foundation for Research in Economics, Yale University - 2008
The heated debate about how to reform Social Security has come to a standstill because the view of most Democrats (that … Social Security must be a defined benefits plan similar in spirit to the current system) seems irreconcilable with the … their social security contributions, augmented or reduced by a government match that would add to contributions from …