Social Security is both the largest program in the federal budget and one of the most fiscally unsustainable. The program has already begun paying out more in benefits than it is taking in through payroll taxes. By 2033, the Social Security Trust Fund will be drained and the benefits paid out will decline by 25 … Continue reading
Tag Archives: Income inequality
Income Inequality and Education
Much has been made during the Presidential Campaign of income inequality and the undue influence of the so-called 1%. The quantifiable facts on income inequality are stunning, and it’s true that this reality can and will have a serious impact on both the American economy and social structure. Between 1979 and 2007, real household income … Continue reading
Occupy entitlements! And the tax code!
By Will Portman The Occupy movement has brought income inequality to the forefront of the national political discussion over the past year, even if both the movement and the issue have faded in recent months. Occupy protestors are concerned about the growing wealth gap in the U.S., pointing to studies like the recent Congressional Budget Office … Continue reading
The Fictional Problem of Income Inequality
By Logan Albright With the rise of the Occupy Wall Street movement and the persistently high levels of unemployment we have seen over the last few years, the issue of income inequality is becoming increasingly important in the national discourse. Cries that the one percent has succeeded at the expense of the ninety-nine percent, egged … Continue reading
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