Securing Social Security: Lessons for the Next Debate

Brief

Securing Social Security: Lessons for the Next Debate

May 8, 2009

Abstract

This commentary suggests ways of making the upcoming debate on Social Security reform more productive than some past efforts. Participants must be open to a range of solutions, financing must be transparent, and effects on disabled workers must be addressed. Reform efforts must acknowledge the changing economic environment, including increasing wage inequality, and shifting individual and family demographics. Guaranteed inflation-protected benefits are crucial, and the sacrifices necessary to balance the system should be shared across generations.

Research Area: 

Cross-Center Initiative

Cross-Center Initiative: 
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