Expand Social Security Now

It’s outdated. It’s a Ponzi scheme. It’s stealing from young people. These are some of the biggest myths and lies about one of the most successful programs in our nation’s history.

Author: Steven Hill

Publisher: Beacon Press

ISBN: 9780807028438

Category: Political Science

Page: 192

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Why Social Security is not only sustainable but should be substantially expanded Social Security is bankrupting us. It’s outdated. It’s a Ponzi scheme. It’s stealing from young people. These are some of the biggest myths and lies about one of the most successful programs in our nation’s history. Three-quarters of Americans depend heavily on Social Security in their elderly years and nearly half would be living in poverty without it. But as important and popular as it is, Social Security has become a political football. A well-financed campaign—supported by conservatives, special interest groups, and even leading Democrats—has lobbied for cuts and significant “entitlement reform,” falsely proclaiming that Social Security is going broke. Policy expert Steven Hill argues that Social Security should not only be defended, it should be substantially expanded. Here he proposes how we can double the monthly benefit and how to pay for it by closing many of the tax loopholes and deductions that disproportionately favor the wealthy few.
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Disposable Americans

Picador, 2011. Hartmann, Thom, Screwed: The Undeclared War Against the Middle Class—And What We Can Do about It. Berrett-Koehler, 2007. Hill, Steven, Expand Social Security Now!: How to Ensure Americans Get the Retirement They Deserve.

Author: Paul Buchheit

Publisher: Taylor & Francis

ISBN: 9781317206057

Category: Social Science

Page: 172

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Inequality has dramatically increased in America, with few solutions on the horizon. Serious social inequalities persist. For example, the 14 richest Americans earned enough money from their investments in 2015 to hire two million preschool teachers (while the USA ranks low among developed countries in preschool enrollment). Following the Great Recession, the richest one percent took 116 percent of the new income gains, a statistic caused by so many middle-class Americans moving backward, many losing investments in property and experiencing interruptions in work. Author Paul Buchheit looks hopefully to solutions in a book that vividly portrays the rapidly changing inequality of American society. More Americans have become "disposable" as middle-class jobs have disappeared at an alarming rate. Buchheit presents innovative proposals that could quickly begin to reverse these trends, including a guaranteed basic income drawn from new revenues, such as a Financial Speculation Tax and a Carbon Tax. Discussing the challenges and obstacles to such measures, he finds optimism in past successes in American history. Ideal for classroom assignment, the book uniquely pairs historical events with current, real-life struggles faced by citizens, pointing to measures that can improve personal and social well-being and trust in government.
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Social Security Works

It isn't. From the Silent Generation to Baby Boomers, from Generation X to Millennials and Generation Z, we all have a stake in understanding the real story about Social Security.

Author: Nancy Altman

Publisher: New Press, The

ISBN: 9781620970478

Category: Political Science

Page: 208

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A growing chorus of prominent voices in Congress and elsewhere are calling for the expansion of our Social Security system—people who know that Social Security will not “go broke” and does not add a penny to the national debt. Social Security Works! will amplify these voices and offer a powerful antidote to the three-decade-long, billionaire-funded campaign to make us believe that this vital institution is destined to collapse. It isn't. From the Silent Generation to Baby Boomers, from Generation X to Millennials and Generation Z, we all have a stake in understanding the real story about Social Security. Critical to addressing the looming retirement crisis that will affect two- thirds of today's workers, Social Security is a powerful program that can help stop the collapse of the middle class, lessen the pressure squeezing families from all directions, and help end the upward redistribution of wealth that has resulted in perilous levels of inequality. All Americans deserve to have dignified retirement years as well as an umbrella to protect them and their families in the event of disability or premature death. Sure to be a game-changer, Social Security Works! cogently presents the issues and sets forth both an agenda and a political strategy that will benefit us all. At stake are our values and the kind of country we want for ourselves and for those that follow.
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Weekly Compilation of Presidential Documents

That is why we have been moving to insure that our older citizens get that special attention they deserve . ... I support it now ; I believe it is time that we do it : We find that in social security we are always catching up with the ...

Author:

Publisher:

ISBN: OSU:32435055444152

Category: United States

Page:

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Social Security Amendments of 1972 aed related amendments

vide a 20 - percent increase in social se- other important improvements in social the Nation will move to provide its eldercurity benefits . security , including an unreduced benefit ly the dignity and security they deserve .

Author: United States

Publisher:

ISBN: MINN:31951T001888602

Category: Social security

Page:

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Amendments to the Social Security Act 1969 1972

vide a 20 - percent increase in social se- other important improvements in social the Nation will move to provide its eldercurity benefits . security , including an unreduced benefit ly the dignity and security they deserve .

Author: United States

Publisher:

ISBN: STANFORD:36105219361818

Category: Social security

Page:

View: 266

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When I m Sixty Four

In When I'm Sixty-Four, Teresa Ghilarducci, the nation's leading authority on the economics of retirement, explains how to confront this crisis head-on, revealing the causes behind the increasingly precarious economics of old age in America ...

Author: Teresa Ghilarducci

Publisher: Princeton University Press

ISBN: 9780691178028

Category: Political Science

Page: 384

View: 364

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A crisis is looming for baby boomers and anyone else who hopes to retire in the coming years. In When I'm Sixty-Four, Teresa Ghilarducci, the nation's leading authority on the economics of retirement, explains how to confront this crisis head-on, revealing the causes behind the increasingly precarious economics of old age in America and proposing a bold plan to guarantee retirement security for every working citizen. Retirement is one of the hallmarks of a prosperous, civilized market economy. Yet in America today Social Security is on the ropes. Government and employers are dismantling pension security, forcing older people to work longer. The federal government spends billions in exemptions for 401(k)s and other voluntary retirement accounts, yet retirement savings for most workers is falling. Ghilarducci takes an unflinching look at the eroding economic structure of retirement in America--and what she finds is alarming. She exposes the failures of pension regulators and the false hopes of privatized Social Security. She tells the ugly truth about risky 401(k) plans, do-it-yourself retirement schemes, and companies like Enron that have left employees without any retirement savings. Ghilarducci puts forward a sweeping plan to revive the retirement-income system, a plan that will ensure that, after forty years of work, every American will receive 70 percent of their preretirement earnings, guaranteed for life. No other book makes such a persuasive case for overhauling the pension and Social Security system in order to provide older Americans with the financial stability they have earned and deserve.
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Congressional Record

For about half of them , social security be pondered by all Americans . is just about all the regular continuing inNixon ... of the present level of benecation , and Welfare and — 33 years ago nation and they deserve much more . fits .

Author: United States. Congress

Publisher:

ISBN: MSU:31293011645300

Category: Law

Page:

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Soldiers

... increase benefits for widows , and provide a 5 - percent across - the - board increase in social security . Altogether , H.R. 1 - as it now stands would mean some $ 5.5 billion in increased benefits for America's older citizens . I ...

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Publisher:

ISBN: OSU:32435021416227

Category:

Page:

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