Fixing Social Security

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Release : 2022-04-12
Genre : Political Science
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Book Rating : 439/5 ( reviews)

Fixing Social Security - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Fixing Social Security write by R. Douglas Arnold. This book was released on 2022-04-12. Fixing Social Security available in PDF, EPUB and Kindle. How Social Security has shaped American politics—and why it faces insolvency Since its establishment, Social Security has become the financial linchpin of American retirement. Yet demographic trends—longer lifespans and declining birthrates—mean that this popular program now pays more in benefits than it collects in revenue. Without reforms, 83 million Americans will face an immediate benefit cut of 20 percent in 2034. How did we get here and what is the solution? In Fixing Social Security, R. Douglas Arnold explores the historical role that Social Security has played in American politics, why Congress has done nothing to fix its insolvency problem for three decades, and what legislators can do to save it. What options do legislators have as the program nears the precipice? They can raise taxes, as they did in 1977, cut benefits, as they did in 1983, or reinvent the program, as they attempted in 2005. Unfortunately, every option would impose costs, and legislators are reluctant to act, fearing electoral retribution. Arnold investigates why politicians designed the system as they did and how between 1935 and 1983 they allocated—and reallocated—costs and benefits among workers, employers, and beneficiaries. He also examines public support for the program, and why Democratic and Republican representatives, once political allies in expanding Social Security, have become so deeply polarized about fixing it. As Social Security edges closer to crisis, Fixing Social Security offers a comprehensive analysis of the political fault lines and a fresh look at what can be done—before it is too late.

Fixing Social Security

Download Fixing Social Security PDF Online Free

Author :
Release : 2022-04-12
Genre : Political Science
Kind :
Book Rating : 447/5 ( reviews)

Fixing Social Security - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Fixing Social Security write by R. Douglas Arnold. This book was released on 2022-04-12. Fixing Social Security available in PDF, EPUB and Kindle. How Social Security has shaped American politics—and why it faces insolvency Since its establishment, Social Security has become the financial linchpin of American retirement. Yet demographic trends—longer lifespans and declining birthrates—mean that this popular program now pays more in benefits than it collects in revenue. Without reforms, 83 million Americans will face an immediate benefit cut of 20 percent in 2034. How did we get here and what is the solution? In Fixing Social Security, R. Douglas Arnold explores the historical role that Social Security has played in American politics, why Congress has done nothing to fix its insolvency problem for three decades, and what legislators can do to save it. What options do legislators have as the program nears the precipice? They can raise taxes, as they did in 1977, cut benefits, as they did in 1983, or reinvent the program, as they attempted in 2005. Unfortunately, every option would impose costs, and legislators are reluctant to act, fearing electoral retribution. Arnold investigates why politicians designed the system as they did and how between 1935 and 1983 they allocated—and reallocated—costs and benefits among workers, employers, and beneficiaries. He also examines public support for the program, and why Democratic and Republican representatives, once political allies in expanding Social Security, have become so deeply polarized about fixing it. As Social Security edges closer to crisis, Fixing Social Security offers a comprehensive analysis of the political fault lines and a fresh look at what can be done—before it is too late.

The Social Security Fix-It Book

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Author :
Release : 2007
Genre : Social security
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Book Rating : 015/5 ( reviews)

The Social Security Fix-It Book - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Social Security Fix-It Book write by Steven A. Sass. This book was released on 2007. The Social Security Fix-It Book available in PDF, EPUB and Kindle. Product DescriptionSocial Security has a long-term financing problem. More of us will soon be collecting benefits with not many more paying taxes to support the program. The Social Security Fix-It book is a short, colorful guide to the program, its financing issues, and the leading proposals for eliminating the shortfall. Cheerfully narrated and easy to read, this book seeks to raise public awareness to achieve a long-lasting solution.About the AuthorAlicia H. Munnell is the Director of the Center for Retirement Research at Boston College and the Peter F. Drucker Professor in Management Sciences at the Carroll School of Management at Boston College. Steven A. Sass is Associate Director for Research at the Center for Retirement Research at Boston College. Andrew Eschtruth is Associate Director for External Relations at the Center for Retirement Research at Boston College.

Report of the National Commission on Social Security Reform

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Release : 1983
Genre : Disability insurance
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Book Rating : /5 ( reviews)

Report of the National Commission on Social Security Reform - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Report of the National Commission on Social Security Reform write by United States. National Commission on Social Security Reform. This book was released on 1983. Report of the National Commission on Social Security Reform available in PDF, EPUB and Kindle.

Social Security

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Release : 2001
Genre : Disability insurance
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Book Rating : /5 ( reviews)

Social Security - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Social Security write by . This book was released on 2001. Social Security available in PDF, EPUB and Kindle.