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A Guide to the 2013 Social Security Trustees Report
[This is the first of two articles summarizing the findings of the 2013 Social Security and Medicare trustees’ reports. See part 2 here.]The Social Security and Medicare trustees released our annual...
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When It Pays Not to Work
Despite a decline in the jobless rate to 7.3 percent in August from 7.4 percent in July, the labor force data released Friday were disturbing. The reduction in the unemployment rate was caused by a...
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When it Pays Not to Work, People Stay Home
Paul Krugman, in his December 9 New York Times column, writes, “Ask yourself how, exactly, ending unemployment benefits would create more jobs.”No one is talking about ending unemployment benefits,...
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Enough is Enough: No New Unemployment Insurance Extension
In his weekly video address and in a speech at the White House on Tuesday, President Obama called on Congress to extend federal emergency unemployment insurance benefits, which expired at the end of...
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Labor-Force Participation Among Men Is Declining As Disability Claims Rise
Teaser: The Great Recession amplified the economic anxieties that Americans experience in good and bad times. It also focused policy and media attention on economic problems that predate the downturn...
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Warning: Disability Insurance Is Hitting the Wall
Teaser: For years Social Security’s trustees (of which I am one) have warned that lawmakers must act to address the troubled finances of the program’s disability insurance (DI) trust fund. Congress...
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How to Fix Disability Insurance
Teaser: In late 2016, right around the time we elect the 45th president of the United States, we are due for our first entitlement crisis in two decadesThis article is excerpted from How to Fix...
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Costs of Merging Social Security Retirement and Disability Funds
Teaser: Merging the OASI and DI trust funds would be a significant departure from lawmakers’ previous promises that the establishment of disability benefits within Social Security would not reduce the...
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Future Work Still Needed after Budget’s Disability Fix
Teaser: Passage puts the program in better condition but it will rapidly grow worse unless legislators enact further Social Security reforms in short order.The bipartisan budget bill just passed by...
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