
A Well-Tailored Safety Net
The Only Fair and Sensible Way to Save Social Security
- 216 pages
- English
- PDF
- Available on iOS & Android
About this book
This intriguing book introduces the first Social Security reform proposal tailored to meet the nation's fiscal challenges and care for an aging population. Tackling one of the most difficult and divisive issues facing America today, A Well-Tailored Safety Net: The Only Fair and Sensible Way to Save Social Security seeks to transform the political debate over Social Security reform by introducing the first proposal tailored to meet both the nation's fiscal challenges and the responsibility of caring for an aging population. As the first batch of 77 million baby boomers begins to collect its social security benefits in the midst of the explosion of national debt from economic recovery expenditures, Social Security reform becomes increasingly urgent. Jed Graham takes apart each of the current leading proposals and shows how all of them fall short by the key criteria of affordability, effectiveness, and fairness. Graham proposes a bold new approach that would erase more debt than any other proposal, yet avoid benefit cuts in very old age, when people can least afford them. Short on actuary speak and long on common sense, A Well-Tailored Safety Net makes the Social Security debate accessible to general readers. At the same time, it advances innovative solutions with such command of analytic detail and ideological impartiality as to merit serious study by legislators and policymakers.
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Information
Table of contents
- Cover
- Title Page
- Contents
- List of Figures
- List of Tables
- Preface
- A Note on the Numbers in This Book
- Part I Defining an Urgent Problem
- Introduction
- Highlights of A Well-Tailored Safety Net Social Security Reform Proposal
- Chapter 1: A ‘‘Very False Sense of Security’’
- Chapter 2: ‘‘A Political Fraud’’
- Chapter 3: The Price of Delay
- Part II No Easy Answers
- Chapter 4: ‘‘A Bad Idea’’
- Chapter 5: ‘‘It’s Kind of Muddled’’
- Chapter 6: Cold Comfort
- Chapter 7: A No-Brainer
- Chapter 8: A Crack in the Foundation
- Chapter 9: A Fix That Doesn’t Fix Very Much
- Part III Principles for Reform
- Chapter 10: A Bad Comb-Over
- Chapter 11: The Problem is Part of the Solution
- Chapter 12: ‘‘The Obvious Thing To Do’’
- Chapter 13: A Bridge Too Far
- Chapter 14: The Hilda & David and Irene & Bernie Tests
- Part IV Laying Out a Solution
- Chapter 15: Old-Age Risk-Sharing
- Chapter 16: A Fair and Constructive Sacrifice
- Chapter 17: A Helping Hand, Not an Empty Promise
- Chapter 18: A Well-Tailored Account Structure
- Chapter 19: Measuring Up
- Conclusion: Key Findings To Guide SocialSecurity Reform
- Appendix 1 Details of A Well-Tailored Safety Net Social Security Reform Plan
- Appendix 2 Solvency Impact of A Well-Tailored Safety Net, Billions of 2009 Dollars
- Notes
- Index
- About the Author