Funding

  • 07.20.17

    Long-term Projections of Social Security’s and Medicare’s Financing are Not as Scary as They Seem

    This article from the Center for Economic and Policy Research looks at the current financing of Social Security and Medicare and projects the changes that would need to occur for the programs to be financed in the long term. It finds that "workers should be much more concerned with making sure they receive their s...

    This article from the Center for Economic and Policy Research looks at the current financing of Social Security and Medicare and projects the changes that would need to occur for the programs to be financed in the long term.

    It finds that "workers should be much more concerned with making sure they receive their share of productivity gains in wage increases over this period than they should be about tax increases.  This is not about Social Security needing to be less generous, it is about making sure that workers receive their fair share."

    This conclusion largely stems from the fact that "With the upward redistribution of income that has occurred over the last four decades, Social Security has less of a base on which to draw. 90 percent of wage income was subject to the tax in 1983 — it was 82.6 percent in 2015. This decline represents a large share of the program’s shortfall."

    CEPR Social Security Funding Plot 2

  • 09.01.15

    U.S. Public Education System

    This video from 2015 goes over some key facts about the U.S. public school system. From the fact that 14% of U.S. adults can't read to the fact that there were 1.4 million cases of bullying in 2014. Other issues addressed in the video include: the US world ranking, drop out rates, and school libraries....

    This video from 2015 goes over some key facts about the U.S. public school system. From the fact that 14% of U.S. adults can't read to the fact that there were 1.4 million cases of bullying in 2014. Other issues addressed in the video include: the US world ranking, drop out rates, and school libraries.