The Real Deal; The History and Future of Social Security,9780300081497

The Real Deal; The History and Future of Social Security

by
ISBN13: 9780300081497
ISBN10: 0300081499
Format: Trade Paper
Pub. Date: 1999-09-10
Publisher(s): Yale University Press
List Price: $39.00

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Summary

Will the Social Security system founder as millions of baby boomers enter their retirement years? Is the frightening vision of an impoverished old age a glimpse into the real future for Americans of the next generation? Book debates about Social Security reform into historical perspective, considers various reform ideas, & elaborates a proposal to ensure that the system can continue to meet the claims of the retired & the disabled. Leading experts on retirement issues set forth a carefully considered plan to change the way we finance Social Security & thereby secure its future viability.

Author Biography

Sylvester J. Schieber is vice president of research and information at Watson Wyatt Worldwide. John B. Shoven is Charles R. Schwab Professor of Economics at Stanford University.

Table of Contents

List of Figures
ix
List of Tables
xiii
Acknowledgments xv
In Memory of Shannon J. Schieber xvii
Social Security: Avoiding the Downstream Catastrophe
1(16)
Part I. Social Security in America: From Conception to Maturity
The Context for the Passage of the Social Security Act in 1935
17(9)
Developing the Social Security Act of 1935
26(17)
Starting Up and Starting Over
43(23)
To Fund or Not to Fund?
66(11)
Unresolved Issues
77(15)
A Deal That Couldn't Be Beat
92(23)
The Inside Movers and Shakers
115(13)
The Outside Movers, Shakers, and Takers
128(18)
The End of the Beginning
146(19)
Part II. Overreaching and Stepping Back
A Tale of Good Intentions Gone Bad
165(18)
The Continued Deterioration of the System and the Big Fix: The 1983 Amendments
183(13)
Backsliding
196(12)
Fundamental Questions
208(21)
The Iron Rules of Arithmetic Assert Themselves
229(13)
Social Security in the Bigger Picture
242(21)
Part III. The New Realities
Heathens in the Temple
263(27)
Social Security Today and Marginal Proposals for Reform
290(18)
A Framework for Understanding the Options for Social Security Reform
308(20)
The Return to Pay-Go Financing
328(18)
Wanting to Fund Is Not Enough
346(26)
The Benefits and Risks Under Alternative Forms of Retirement Provision
372(14)
A Proposal for Reform
386(23)
It's Your Money We're Talking About
409(10)
Notes 419(22)
Index 441

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