Well one answer it line I in the above figure from the 2015 Social Security Report. Figure II.D7.—Long-Range OASI and DI Combined Trust Fund Ratios Under Alternative Scenarios [Asset reserves as a percentage of annual cost] Under the definitions used by the Social Security Actuary and Trustees the program is ‘Solvent’ over the short term […]
At 1:30 EDT the Trustees of Social Security will hold a media availability at which they will release the 2015 Social Security and Medicare Reports. If past practice holds the Reports will be released on line at or before that time in both a web (HTML) format and in PDF. Assuming past file name conventions […]
Very interesting paper that I missed in real time. Social Security: What Would Happen If the Trust Funds Ran Out? Almost everyone who addresses this question assumes that the answer is pretty simple: if either of the Social Security Trust Funds goes to zero than benefits will automatically drop from ‘Scheduled’ to ‘Payable’ which translates […]
Compilation of the Social Security Laws: Title 2 FEDERAL OLD-AGE AND SURVIVORS INSURANCE TRUST FUND AND FEDERAL DISABILITY INSURANCE TRUST FUND[3] Sec. 201. [42 U.S.C. 401] (c) With respect to the Federal Old-Age and Survivors Insurance Trust Fund and the Federal Disability Insurance Trust Fund (hereinafter in this title called the “Trust Funds”) there is […]
The basic reason is simple: it undercuts the broader progressive agenda. Also it buys into a particular Right economic meme. Both are huge mistakes. To understand this we need to step back and examine overall tax policy and tax progressivity. What should progressives want? Well I suggest that as a first step we restore top […]
The things we have in this country were given to us by God, not by government. — Perry: Government isn’t your savior, Nick Gass, Politico, today Social Security and Medicare were given to us by God? Who knew? The highway system, sewer and water systems, airports and air traffic control, operation of shipping ports, public […]
Publisher’s (New Press) webpage: Social Security Works! More below the fold.
Who or what is ‘Social Security Defender’? Well it is basically a G-mail account controlled by me: [email protected] . Which is kind of pretentious and vainglorious on my part but does allow a platform for some attached products including the blog Social Security Defender and a Google Drive. In which as an experiment I have […]
Table V.B1: Principal Economic Assumptions More numbers!! Comments on process and content more than welcome. Because at AB we are all about the numbers and I just want to give an assist. Update: now linked to better formatted version
Table V.B2: Additional Economic Assumptions Well I am back and working on a new project in anticipation of the release of the 2015 Report this late Spring. The project involves extracting the Tables and Figures from the Social Security Trustees Report, in this case the 2014, and having them individually web accessible as spreadsheeets or […]