Social Security Politics and the Conflict Between Generations

1
Social Security Politics and the Conflict Between
Generations

• Marc Madeley
• Gayatri Retanubun
• Gyamfuaa Nimo

2
Introduction

• Social Security
• Old Vs. Young

3
The American Politics of Exaggeration

• there oughta be a law
• politics of exaggeration
• ameliorate public problems

4
The Crisis of the Welfare State

• Shaped by two decades
• Americas welfare state
• diminished sense
• angry reaction
• skeptical view
• Fit their own goals

5
The Crisis of the Welfare State

• Safety net
• Residual belief
• Basic purpose
• Insurance card
• Overriding goal

6
Conflict Between the old and young over S.S

• Unfair prospects
• And the supporting facts are..

7
Young vs. Old

• Two distinct groups
• Justice of the program

8
Statistics

• Survey size- 1,209
• Increase benefits- 97
• Satisfied- 4out of 5
• Will you pay higher taxes? 2/3rds will

9
It is not as bad as it seems!!

• Cumulative surplus in 1994
• What changes may come
• Dependency Ratio

10
The Divisive Issue of Generational Equity

• Who Political conservatives/conservative
  residualists
• Issue Affordability and generational equity

11
Generational Equity

• the current young should not be deprived of
  opportunities for economic and social well-being
  because of excessive allocations of resources to
  the old

12
Political groups supporting generational equity

• AGE Americans for generational equity
• Concord Coalition

13
Support Generational Equity

• Samuel Preston, using statistical figures
• Peterson and Howe (Concord Coalition)

14
Oppose Generational Equity

• Misuse of statistical figures
• Appeal to authority
• Interpretation of deficit or surplus
• Generations United

15
Conclusion

• Intergenerational collaboration and
  inter-dependence
• Generational equity is a political agenda