The DeHavilland Blog

Tuesday, March 31, 2009

Quicker than expected...

In an article I wrote for the K-12 Partnership Report, I argued that government funding for education would continue to contract due to some major fundamental trends in our existing spending obligations. One of those trends is the gradual change from surplus to deficit in Social Security revenues, a change expected to occur in 2017.

Guess what? According to AEI, it's actually starting to happen now, eight years ahead of schedule. Yikes.

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