The Continued Financial Stability of Social Security

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Description

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.

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vi, 66 leaves: ill.

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Beil, Richard May 1982.

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  • Beil, Richard

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Description

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.

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vi, 66 leaves: ill.

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UNT Theses and Dissertations

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  • May 1982

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  • May 10, 2015, 6:16 a.m.

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  • Jan. 25, 2017, 12:54 p.m.

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Beil, Richard. The Continued Financial Stability of Social Security, thesis, May 1982; Denton, Texas. (digital.library.unt.edu/ark:/67531/metadc504650/: accessed December 17, 2018), University of North Texas Libraries, Digital Library, digital.library.unt.edu; .