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Fixing Social Security audiobook
- By: R. Douglas Arnold
- Category: Political Science, Public Affairs & Administration
- Length: 22 hours 4 minutes
- Publisher: Tantor Media, Inc
- Publish date: April 12, 2022
- Language: English
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Fixing Social Security Audiobook Summary
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, eighty-three million Americans will face an immediate benefit cut of twenty 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.
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About the Author(s) of Fixing Social Security
R. Douglas Arnold is the author of Fixing Social Security
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Fixing Social Security Full Details
| Length | 22 hours 4 minutes |
| Author | R. Douglas Arnold |
| Category | |
| Publisher | Tantor Media, Inc |
| Release date | April 12, 2022 |
| ISBN | 9798765005767 |
Subjects
The publisher of the Fixing Social Security is Tantor Media, Inc. includes the following subjects: political reform, American politics, finance, Political Science, Public Affairs & Administration, Political Science, Public Policy, Social Security The BISAC Subject Code is Political Science, Public Affairs & Administration
Additional info
The publisher of the Fixing Social Security is Tantor Media, Inc. The imprint is Tantor Media, Inc. It is supplied by Tantor Media, Inc. The ISBN-13 is 9798765005767.
Global Availability
This book is only available in the United States.
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