Fixing Social Security The Politics of Reform in a Polarized Age

Name: Fixing Social Security
Author: R. Douglas Arnold

Auteur: R. Douglas Arnold

Taal: Engels

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Auteur: R. Douglas Arnold

Engels
Paperback
9780691224459
19 maart 2024
328 pagina's

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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.

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Taal: en
Bindwijze: Paperback
Oorspronkelijke releasedatum: 19 maart 2024
Aantal pagina's: 328

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Hoofdauteur: R. Douglas Arnold
Hoofduitgeverij: Princeton University Press

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Product breedte: 156 mm
Product lengte: 235 mm
Verpakking breedte: 156 mm
Verpakking lengte: 235 mm

EAN

EAN: 9780691224459

Je vindt dit artikel in

Categorieën: Mens & Maatschappij

Rechten

Politiek

Arbeids- & Sociale zekerheidsrecht

Centrale & Federale overheden

Politieke wetenschap & Theorie

Sociale zekerheid & Welzijnswetgeving

Boeken
Boek, ebook of luisterboek?: Boek
Taal: Engels
Beschikbaarheid: Leverbaar
Land: Verenigde Staten

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