"By 1980, the work of Feldstein, Boskin, Summers, and others had convinced many economists that U.S. taxes were in fact a significant obstacle to investment. Nor was this all: another major U.S. policy, the Social Security system, was also discouraging saving and investment."

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Added on April 10, 2026
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Original Language: English

Sources

Paul Krugman, Peddling Prosperity (1994),

https://en.wikiquote.org/wiki/Social_Security_(United_States)