Question: The fiscal problem of the twenty-first century:
(a) What is this problem? Is it limited to the United States?
(b) To what extent is this fiscal problem driven by the Social Security program? By how much would taxes have to rise as a share of GDP in order to "solve" the Social Security problem?
(c) How do you think the fiscal problem will likely be solved?
(d) How would you suggest the problem be solved?