Tag: Social Security

Let’s talk about entitlements. Americans don’t really like the idea of entitlements. We tend to think of entitlement as something that a person wants, but that they don’t deserve. At the best, politicians argue that we simply can’t afford entitlement programs. At the worst, charity skeptics lament the sense of entitlement that some people—especially people living in poverty—might develop.  And, of course, we resist the idea that we receive entitlements. We tend to believe that the only way to deserve something is to earn it. Other people might benefit from entitlements (that is, they might get something that they…
Historically, the distribution of benefits was about flat. Richer people received more Social Security benefits, but that was offset by higher Medicaid and disability insurance payouts to lower-income people. But for younger cohorts, the affluent get about $130,000 more in lifetime benefits than the poor. And they find that the most simplistic forms of program cuts that involve raising the age at which you can first claim benefits exacerbates the situation. Vox: Growing Life Span Inequality Has Given the Rich an Extra $130,000 in Government Benefits FacebookTwitterLinkedInredditBuffer…

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