1.

Record Nr.

UNINA9910459071503321

Autore

Gokhale Jagadeesh

Titolo

Social security [[electronic resource] ] : a fresh look at policy alternatives / / Jagadeesh Gokhale

Pubbl/distr/stampa

Chicago ; ; London, : University of Chicago Press, 2010

ISBN

1-282-58473-1

9786612584732

0-226-30036-6

Descrizione fisica

1 online resource (378 p.)

Disciplina

368.4/300973

Soggetti

Social security - United States

Electronic books.

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographical references and index.

Nota di contenuto

Front matter -- Contents -- Tables -- Figures -- Part I. Issues in Evaluating Social Security's Finances -- Part II. Issues in Evaluating Social Security Reform Proposals -- Acknowledgments -- Notes -- References -- Index

Sommario/riassunto

Many of us suspect that Social Security faces eventual bankruptcy. But the government projects its future finances using long outdated methods. Employing a more up-to-date approach, Jagadeesh Gokhale here argues that the program faces insolvency far sooner than previously thought. To assess Social Security's fate more accurately under current and alternative policies, Gokhale constructs a detailed simulation of the forces shaping American demographics and the economy to project their future evolution. He then uses this simulation to analyze six prominent Social Security reform packages-two liberal, two centrist, and two conservative-to demonstrate how far they would restore the program's financial health and which population groups would be helped or hurt in the process. Arguments over Social Security have raged for decades, but they have taken place in a relative informational vacuum; Social Security provides the necessary bedrock of analysis that will prove vital for anyone with a stake in this important debate.