Public Policy Brief No. 34 | September 1997

Safeguarding Social Security

The Challenge of Financing the Baby Boom’s Retirement

The falling ratio of workers to retirees in the United States has raised concerns about Social Security’s ability to continue to provide a base level of support for all retired workers and to remain in balance with all of government's other fiscal obligations. Of alternative plans that have been proposed to safeguard the system, Walter Cadette argues against radical revamping through privatization and suggests instead minor modifications in the existing tax and benefits structure.

Associated Program:
Walter M. Cadette

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Heterodox Economic Policy for the 21st Century
Author(s): L. Randall Wray
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