The Social Security System is projected to encounter both short-term and long-term financial crises. The economic effectiveness and impacts of alternative solutions to both problems are analyzed. Government projections show the short-term deficit can be solved through interfund borrowing. Solving the long-term deficit will require the generation of new funds. All four solutions analyzed will increase unemployment, inflation, and interest rates, and decrease growth potential. A combination of increased OASI taxation and mandatory coverage is recommended as the most effective solution with the least adverse economic consequences.
Identifer | oai:union.ndltd.org:unt.edu/info:ark/67531/metadc504650 |
Date | 05 1900 |
Creators | Beil, Richard |
Contributors | Rubin, Rose M., Martin, Sander, 1939- |
Publisher | North Texas State University |
Source Sets | University of North Texas |
Language | English |
Detected Language | English |
Type | Thesis or Dissertation |
Format | vi, 66 leaves: ill., Text |
Rights | Public, Beil, Richard, Copyright, Copyright is held by the author, unless otherwise noted. All rights reserved. |
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