Tag Archives: social security

Transfer Payments and the Macroeconomy: The Effects of Social Security Benefit Changes

From Christy Romer and David Romer: From the early 1950s to the early 1990s, increases in Social Security benefits in the United States varied widely in size and timing, and were generally not undertaken in response to short-run macroeconomic developments. … Continue reading

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Interesting Links: Social Security Liabilities & Economics of the Drug War

Here are some links today of articles that I didn’t entirely agree with but which bring up some interesting points. 1. Social Security is (slightly) worse off than we think. They make some interesting points about problems with how social … Continue reading

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Quick Takes on Robots, Disability Insurance, Debt Ceiling, & Charts to inform Grand Bargains

1. I still don’t understand why Krugman thinks the invention of “doers” will be bad for high skilled workers. Here’s my reasoning. 2. Ed Glaeser “2013 Is the Year to Go to Work, Not Go on Disability” HT Evan Soltas 3. Foreboding Feeling: Fiscal … Continue reading

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More Progressive Ways to Reduce Social Security Spending than Chained CPI

Dylan Matthews has a great post discussing more progressive cuts to social security than Chained CPI.  He includes the option of altering the Preliminary Issuance Amount, which is determined by a benefit schedule that maps  your “average wages” into a personalized … Continue reading

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The Growing Burden of Payroll Taxes

Here’s a column on reforming the payroll tax that I wrote in NYTimes Economix today: Payroll taxes and corporate income taxes accounted for an equal share of federal tax revenue in 1969. By 2009, payroll taxes generated more than six times as much … Continue reading

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