Archive for the ‘Social Security’ Category

Of Carrots, Sticks, and Disability

In the world of Washington, incentives—carrots and sticks—seem to be the answer for everything, including how to get people on disability back to work. But a new study suggests the problem is the same one the Americans With Disabilities Act identified 25 years ago: discrimination. I took a certain amount of impolite criticism for my […]

The Soft Underbelly

Having failed in numerous frontal assaults on Social Security, the Republican congressional leadership several years ago adopted a new strategy for dismantling the program: attack and demonize Disability Insurance, which they consider to be its soft underbelly. With this week’s passage of the Bipartisan Budget Act of 2015, they drew blood. We’ve been hearing it […]

Hardship Case

Means-testing Social Security is a popular position among Republican presidential candidates this election cycle—if not among prospective voters. That means, essentially, turning the nation’s retirement system into a welfare program, targeted at those with real hardships. But how do you figure out who’s a “real” hardship case and who’s not? In fact, it’s well-nigh impossible. […]

Social Security’s future is being written in the streets of Ferguson

Bernie Sanders’s confrontation with members of Black Lives Matter should teach a lesson to everyone engaged in the struggle to defend Social Security: Unless the campaign for economic equality recognizes the need to prioritize racial equality as well—that racial and economic issues are not separate—preserving and expanding Social Security will become increasingly difficult. In politics, […]

The liberal critics of Big Government

What does it mean to be a “progressive” or “liberal” in America today? More than anything else, perhaps, it implies a determination to defend the signature achievements of the New Deal/Great Society eras: Social Security, Medicare, unemployment insurance, and a collection of related programs. And that’s just the problem, say their critics on the right: […]

A Lifeline, Not a Safety Net

What’s the biggest source of income for Americans in the last years of their lives? Whether you live to 65, 75, or 85-plus, no matter if you’re married or single, the answer is the same: Social Security. And in the you’re-on-your-own, 401(k) era, this hard fact is only becoming more so. More Americans are elderly—over […]

Why Hillary Clinton Is Beyond the Pale

This is a bit off-topic for this blog, but it has to be said: By her calculated failure to take a stand on the Trans-Pacific Partnership, the former secretary of state has made herself absolutely unacceptable as a presidential candidate for working Americans. It’s crunch time for the Trans-Pacific Partnership (TPP), the most sweeping multilateral […]

The Meaning of Harry Reid’s Departure

For the last decade, Harry Reid has been a bulwark against efforts by Republicans and members of his own party to send the core of the New Deal achievement down the road to oblivion. Other Democratic lawmakers may be equally committed, but almost none have the same close emotional ties that he possesses to the […]

The Origins of Pension Privatization: A New Perspective

Starting in the 1970s, governments authorized and promoted individual retirement accounts of various sorts. The commonly accepted explanation was that public pensions were no longer affordable and had to be supplemented or replaced by private saving. The truth, according to a revealing new paper, is that stock exchanges in developed countries promoted tax-advantaged private accounts […]

What I Didn’t Hear in the President’s SOTU

Democrats of both progressive and center-right stripe generally gave President Obama high marks for his State of the Union address Tuesday night. When it comes to Social Security, however, he disappointed; merely refraining from supporting cuts to the program isn’t good enough anymore at a time when progressives should be demanding their president back measures […]

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