Economy

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David Stockman, former director of the Office of Management and Budget under President Reagan, says America has become addicted to debt and that there's no way to avoid catastrophe. Still from NewsHour Footage. Paul Solman: On yesterday's Making Sen$e post,…

By Paul Solman David Stockman, former director of the Office of Management and Budget under President Reagan, says America has become addicted to debt and that there's no way to avoid catastrophe. Still from NewsHour Footage. Paul Solman: On yesterday's…

Photo of the Social Security Administration in Oakland, Calif., by flickr user dumbeast *Larry Kotlikoff's [Social Security original 34 "secrets"](http://www.pbs.org/ newshour/businessdesk/2012/07/social-security-secrets-you-ne.html), his [**additional secrets**](http://www.pbs.org/newshour/businessdesk/2012/08/on-the-qt-a-few-more- social-se.html), his Social Security ["mistakes"](http://www.pbs.org/newshour/businessdesk/2012/08/11-social-security-mistakes-pe.html) and his [**Social Security gotchas**](http://www.pbs.org/newshour/businessdesk/2012/09/ten-of-the-worst-social- security-gotchas.html) have prompted so many of…

By Larry Kotlikoff Photo of the Social Security Administration in Oakland, Calif., by flickr user dumbeast *Larry Kotlikoff's [Social Security original 34 "secrets"](http://www.pbs.org/ newshour/businessdesk/2012/07/social-security-secrets-you-ne.html), his [**additional secrets**](http://www.pbs.org/newshour/businessdesk/2012/08/on-the-qt-a-few-more- social-se.html), his Social Security ["mistakes"](http://www.pbs.org/newshour/businessdesk/2012/08/11-social-security-mistakes-pe.html) and his [**Social Security gotchas**](http://www.pbs.org/newshour/businessdesk/2012/09/ten-of-the-worst-social- security-gotchas.html) have prompted…