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The Real Deal - The History and Future of Social Security (Paperback, New)
Loot Price: R2,119
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The Real Deal - The History and Future of Social Security (Paperback, New)
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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? The authors of this book put debates about
Social Security reform into historical perspective, consider
various reform ideas, and elaborate a proposal to ensure that the
system can continue to meet the claims of the retired and the
disabled. Sylvester J. Schieber and John B. Shoven, leading experts
on retirement issues, set forth a carefully considered plan to
change the way we finance Social Security and thereby secure its
future viability. Exploring the history of the Social Security
system from its origins during the Depression to its current
troubled prospects, Schieber and Shoven analyze the program's
economic structure and introduce the remarkable personalities who
influenced its evolution. The authors show how Social Security
today differs from the program Franklin D. Roosevelt envisioned and
how the shift to pay-as-you-go funding has led to the system's
current problems. Seen in historical context, some reform
approaches are revealed as a renewal of attempts to fund Social
Security through means that have repeatedly failed. The authors
argue for mandatory private retirement savings accounts for
workers-a proposal that would lighten retirement security burdens
for future generations, avoid tax increases, and preserve the
system's progressivity. This book is essential reading not only for
policymakers but for anyone else who wishes to understand what
Social Security reform will mean for us as a nation and as
individuals.
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