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Trustees Continue to Assume Slowing Immigration, Weak Productivity
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Dean Baker,
Center for Economic and Policy Research,
5/1/2006
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The 2006 Social Security trustees report contained few major changes from the 2005 report. The most striking features are that the trustees (the secretaries of Treasury, Health and Human Services, and Labor, along with the Social Security Commissioner and two independent trustees) continue to assume that productivity growth will be much slower than most other forecasters project and that the pace of annual immigration will slow even as the baby boom cohort retires.
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Link to Issue Brief
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