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Social Security - Visions and Revisions: A Twentieth Century Fund Study (Paperback, Revised)
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Social Security - Visions and Revisions: A Twentieth Century Fund Study (Paperback, Revised)
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As social security comes of age in an uncertain climate, Americans
find news reports and 'official' projections disturbing in ways
they do not fully understand - but dare not ignore. The challenges
that beset social security, however, are not just actuarial or
fiscal in nature. The choices before us require a confrontation
with the political and philosophical underpinnings of the American
experiment. Fifty years ago, Franklin Roosevelt envisioned social
security to be the cornerstone 'for the kind of protection America
wants' from the financial troubles people faced due to old age and
family tragedies. By fulfilling its initial promise, social
security has evolved into the nation's largest, costliest, and most
successful domestic institution. But the optimistic assumptions
that inspired its incremental expansion have dissipated in the face
of demographic, political, economic, and cultural shifts in
American society. Despite past successes, social security no longer
enjoys solid support. Critics predict further trouble in coming
decades. Social Security: Visions and Revisions encourages
lawmakers, academic experts, and general readers alike to think
more broadly and boldly about social security and its relation to
public assistance and other income-maintenance and health-care
programs. Pulling together information and insights previously
scattered and fragmentary, this book draws lessons from the past
that free us of outdated assumptions and unexamined shibboleths.
The re-vision of social security that Achenbaum advocates - one
that highlights intergenerational features and underscores the
provision of a socially acceptable, universal minimum standard of
living - should become the basisof all discussions of government's
responsibility to promote 'the general welfare' in our aging
society.
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