Category:Social Security
Entitlements driving Washington to trillion-dollar deficits
March 29, 2017 | Post
The Congressional Budget Office (CBO) recently released the “The Budget and Economic Outlook: 2017 to 2027.” This annual report provides the federal government’s most comprehensive analysis of the current state of federal spending, taxes, and debt. It also provides a framework within which to analyze the President’s budget proposal and upcoming Congressional legislation. The news is […]
Entitlement reform key to fixing America’s fiscal future
March 18, 2017 | Post
Without substantive entitlement reform, it will be exceedingly difficult to address the country’s long-term fiscal problems, and it will only get harder if needed changes are delayed.
The answer is a new government program. What’s the question?
October 13, 2016 | Post
Politicians have never met a new taxpayer-funded government program they didn’t like.
The Size of the U.S. Debt, Redux
February 12, 2016 | Post
What a difference just five years will make. The U.S. national debt reached $19 trillion. How can we grasp such an unfathomable number? Here at Learn Liberty, we’ve been trying to answer that question for years. In fact, our very first video attempted to contextualize the size of the then $14 trillion debt. With help […]
How to Fix Our Fiscal Crisis
January 26, 2016 | Post
The Congressional Budget Office announced last week that the growth of the federal budget deficit will outpace the growth of the economy in 2016 for the first time since 2009. The drag this places on economic growth is hard to overstate, but what can be done to solve this problem for the future? Harvard University’s […]
Selling Social Security Personal Accounts
May 17, 2011 | Video
Peter Ferrara argues that Social Security benefits yield a lower rate of return than a typical blend of stocks and bonds. On top of this, it is highly unlikely that Social Security will be able pay all the benefits it has promised. Personal accounts, he argues, are the best alternative to the current Social Security […]
Social Security vs. Private Retirement Accounts
May 16, 2011 | Video
Prof. Antony Davies analyzes Social Security in the United States through the lens of a typical 22 year old American. Assuming that Social Security is completely solvent, the expected return on investment (ROI) of Social Security is far lower than the expected ROI of a private account. Further, if an individual could hypothetically opt out […]