Archive for the ‘Social Security’ Category

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 […]

Where’s the Rip-Off? Rand Paul in Perspective

Critics of Social Security’s Disability Insurance program would like you to think it’s riddled with incompetence and fraud. As for the spectacularly dysfunctional accounting and payment systems at the Defense Department … well, we just have to live with them, right? Kentucky Sen. Rand Paul kicked up a fuss last week when he claimed the […]

Mario Cuomo was not a “liberal beacon”

The former New York governor, who was laid to rest yesterday, is being mourned as a “forceful defender of liberalism.” In reality, he was a creator of the Democratic center-right and consistent supporter of anti-entitlement crusades. For anyone who’s followed American politics closely for the past 40 years or so, the headlines following his death […]

Enlisting AARP

Social Security will be under attack again in 2015. The best way for progressives to defend it is to go on the offensive as well, pressing Congress to pass one of the four bills now on the table to expand the program. Getting AARP on board would be a big help—but the giant older-Americans’ organization […]

Social Security’s enemies, in search of the politically “doable”

In Washington, it’s fashionable to bill oneself as a pragmatist, attuned to political realities and more interested in finding politically doable solutions to practical problems than fighting unwinnable wars. But there’s a double standard in what The Village defines as “realistic.” C. Eugene Steuerle is a bona fide member of the Washington policy elite. A […]

Brookings, Social Security, and the welfare state

We’ve had the evidence before us for a long time: Social Security is the most effective—and cost-effective—US anti-poverty program, both for adults and children. So why do recent writings by scholars at the Brookings Institution ignore it? “Evidence-based decision-making” may be the most popular catch phrase in Washington. The Big Data revolution has convinced The […]

GOP to block Dem nominee to protest troubles with GOP program

That’s right: Republican senators are upset about delays and cost overruns on a new computer system at the Social Security Administration—so upset, they want to block the president’s nominee for commissioner. The only the trouble is, the new computer system was planned and ordered up by the prior commissioner—a Bush appointee. The 11 Republican members […]

“Octomom” and the racial double standard

Social Security’s right-wing critics like to argue that a program guaranteeing a minimal income in old age undermines the family by discouraging working people from having children—and that the resulting decline in the birthrate undermines Social Security. Yet, the right also likes to vilify people of color who have too many children. Could it be […]