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Business & Economics PUBLICATIONS |
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Impact - May 1999
Submitted on 5.31.1999
May 1999 PRI Ideas in Action Policy Update and Monthly Impact Report
Redistribution, USA Style
Submitted by Joanna Elachi on 5.12.1999
Social Security has long been characterized as the third rail in American politics—touching it meant certain political death. Today, talk about reforming the system has escalated, but it seems that politicians are still just as apprehensive about taking action. No one wants to push real fundamental reform, and no one wants to take the responsibility for that reform failing to occur. Both leading Republican and Democratic proposals are tentative at best, with a focus on postponing Social Security’s collapse rather than ensuring a better retirement future for Americans.
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