The Social Security Crisis of 2037 PDF Download
Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download The Social Security Crisis of 2037 PDF full book. Access full book title The Social Security Crisis of 2037 by James LePage Ph.D. CPA. Download full books in PDF and EPUB format.
Author: James LePage Ph.D. CPA
Publisher: AuthorHouse
ISBN: 1504934288
Category : Philosophy
Languages : en
Pages : 105
Get Book Here
Book Description
The hope for this book is that it will help the millions of Americans counting on the Social Security System for financial support now and in the future understand why benefits paid by the System could either end or be significantly reduced after 2037. Trustees of the System say a 25 percent cut in benefits (or an increase in taxes) will be required by 2037 in order for the System to continue to operate. For the millions of Americans who currently depend on Social Security and the millions of young Americans who will depend on the System after 2037 a 25 percent cut in benefits could force millions into poverty. This book presents scientific evidence that the main cause of this crisis is the loss of millions of potential contributors to the System critical for the Systems ability to pay benefits because of a significant shift in the attitude toward and treatment of unborn children over the past 40 years. The book also explains how the root cause of the problem perhaps is a misunderstanding of how morality actually works when it comes to dealing with issues of life. Regardless of how one feels about the life of the unborn the fact is the loss of generations of potential contributors to the Social Security System is destroying the System millions of Americans depend on and will depend on to finance the basic needs of life. After 2037 a $1,000 monthly benefit will drop to $750 or a worker who now pays $300 per month to Social Security will pay $500 per month. As there are limits to benefit cuts and tax increases if the illogical moral thinking and the destruction of human lives continue at current rates the System eventually will be destroyed altogether and illogical moral thinking most likely would be the reason why.
Author: James LePage Ph.D. CPA
Publisher: AuthorHouse
ISBN: 1504934288
Category : Philosophy
Languages : en
Pages : 105
Get Book Here
Book Description
The hope for this book is that it will help the millions of Americans counting on the Social Security System for financial support now and in the future understand why benefits paid by the System could either end or be significantly reduced after 2037. Trustees of the System say a 25 percent cut in benefits (or an increase in taxes) will be required by 2037 in order for the System to continue to operate. For the millions of Americans who currently depend on Social Security and the millions of young Americans who will depend on the System after 2037 a 25 percent cut in benefits could force millions into poverty. This book presents scientific evidence that the main cause of this crisis is the loss of millions of potential contributors to the System critical for the Systems ability to pay benefits because of a significant shift in the attitude toward and treatment of unborn children over the past 40 years. The book also explains how the root cause of the problem perhaps is a misunderstanding of how morality actually works when it comes to dealing with issues of life. Regardless of how one feels about the life of the unborn the fact is the loss of generations of potential contributors to the Social Security System is destroying the System millions of Americans depend on and will depend on to finance the basic needs of life. After 2037 a $1,000 monthly benefit will drop to $750 or a worker who now pays $300 per month to Social Security will pay $500 per month. As there are limits to benefit cuts and tax increases if the illogical moral thinking and the destruction of human lives continue at current rates the System eventually will be destroyed altogether and illogical moral thinking most likely would be the reason why.
Author: Carolyn L. Weaver
Publisher: Durham, N.C. : Duke University Press
ISBN:
Category : Business & Economics
Languages : en
Pages : 272
Get Book Here
Book Description
Author: John Attarian
Publisher: Transaction Publishers
ISBN: 9781412804912
Category : Political Science
Languages : en
Pages : 416
Get Book Here
Book Description
One of today's most important national concerns is the projected bankruptcy of Social Security some time in the next few decades and the resultant inability to pay full benefits on time. It has been said that Social Security is the third rail of American politics--touch it and you die. Consequently, it took over two decades of warnings before it was established as a major domestic concern. In Social Security, now in paperback, John Attarian argues that the major cause of this impasse has been the misleading manner in which the program has been depicted to the public, and the beliefs about Social Security that prevail as a result. Most Americans see Social Security as retirement insurance under which taxpayers pay premiums to buy benefits for old age, with their contributions being held in a trust fund that will pay guaranteed benefits as an earned right. Attarian demonstrates that this false picture was deliberately cultivated by Social Security officials to ensure the program's constitutionality, while downplaying the power of Congress to eliminate, cut, delay, or tax benefits or deny them to certain classes of people. It was also presented in this manner to the public so as to make it popular and politically invulnerable. The resultant false consciousness about Social Security has decisively shaped the responses to the program's financial crises over the last two decades and helped preclude corrective action.
Author: Paul O. Deaven
Publisher: Nova Publishers
ISBN: 9781604562439
Category : Business & Economics
Languages : en
Pages : 172
Get Book Here
Book Description
Social Security, in the United States, currently refers to the Federal Old-Age, Survivors, and Disability Insurance (OASDI) program. The original Social Security Act[1] and the current version of the Act, as amended encompass several social welfare or social insurance programs. The larger and better known initiatives of the program are: Federal Old-Age, Survivors, and Disability Insurance; Unemployment Insurance; Temporary Assistance to Needy Families; Health Insurance for Aged and Disabled (Medicare); Grants to States for Medical Assistance Programs (Medicaid); State Children's Health Insurance Program (SCHIP); Supplemental Security Income (SSI). Social Security in the United States is a social insurance program funded through dedicated payroll taxes called Federal Insurance Contributions Act (FICA). The term, in everyday speech, is used only to refer to the benefits for retirement, disability, survivorship, and death, which are the four main benefits provided by traditional private-sector pension plans. By dollars paid, the U.S. Social Security program is the largest government program in the world. Largely because of solvency questions ranging from immediate crisis to large projected future shortfalls, reform of the Social Security system has been a major political issue for more than three decades. This book presents the latest issues and developments related to this program.
Author: John Attarian
Publisher: Transaction Pub
ISBN: 9780765801272
Category : Political Science
Languages : en
Pages : 393
Get Book Here
Book Description
"Treating the Social Security crisis in unusually broad perspective, Attarian is critical of both the status quo and the privatization camps, and his recommendations offer an alternative to both. The book will be of interest to policy makers as well as citizens concerned about the future of Social Security."--BOOK JACKET.
Author: Sylvester J.. Schieber
Publisher: Yale University Press
ISBN: 9780300081497
Category : Political Science
Languages : en
Pages : 484
Get Book Here
Book Description
This work puts debates about Social Security reform into historical perspective, considers various reform ideas, and elaborates a proposal to ensure that the system can continue to meet the claims of the retired and the disabled. It sets out a plan to change the way Social Security is financed.
Author: Michael J. Boskin
Publisher: Transaction Publishers
ISBN: 9781412820684
Category : Political Science
Languages : en
Pages : 238
Get Book Here
Book Description
Author:
Publisher:
ISBN:
Category : Disability insurance
Languages : en
Pages : 40
Get Book Here
Book Description
Author: Michael Tanner
Publisher: Cato Institute
ISBN: 9781930865556
Category : Political Science
Languages : en
Pages : 412
Get Book Here
Book Description
Tanner (Cato Project on Social Security Choice) brings together work by leaders in Social Security reform, examining problems of the current system and offering proposals for reform. Contributors in economics, law, and philosophy, many affiliated with the Cato Institute, examine aspects of the problem related to issues such as property rights, the impact of Social Security reform on low-income workers, and how stock market declines affect the reform debate. They advocate allowing younger workers to privately invest their Social Security taxes through individual accounts.
Author: Barbara R. Bergmann
Publisher: University of Michigan Press
ISBN: 0472023055
Category : Business & Economics
Languages : en
Pages : 108
Get Book Here
Book Description
A funny, smart, and engaging book on Social Security? You bet! Let Bill and Betty Boomer, their parents Ed and Ethel Elderly, and the young married Steve and Sue Sprout take you through the thickets of this thorny issue. You will come to understand why people are so worried about Social Security, how it operates, how we can keep it going, the problems we would face under a privatized system, and why Americans have always chosen to shore up this important program. You will learn about the system and the current debates surrounding it--and find yourself enjoying it at the same time. Barbara R. Bergmann is Professor Emerita, University of Maryland and The American University. Jim Bush is the editorial cartoonist for the Providence Journal.
