As our statement on Tuesday’s Census Bureau report notes, a key measure of inequality known as the Gini index was tied for its highest level on record in 2012,...
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The Economist Gets It Wrong on Disability Insurance
A recent article in the Economist took an uninformed — and unjustified — swipe at Disability Insurance (DI), the part of...
Disability Benefits Are Hard to Get — Even in Recessions
We’ve noted before that economic downturns generally spur more applications for Social Security disability benefits — but have a much smaller effect on awards. (See graph.) That usual pattern is based on...
Happy 78th Birthday, Social Security!
Social Security marks its 78th birthday today. This highly successful program pays benefits to 57 million Americans. It’s the single most important source of income for its elderly beneficiaries, contributing on average two-thirds of income...
U.S. Seniors Are a Hard-Working Bunch
Financial pressures are leading many European Union (EU) countries to encourage older workers to remain in the labor force, the Social Security Administration (SSA) reports. By way of comparison, U.S. seniors are more likely to be in the workforce than their peers in almost every other developed country....
Latest Piece on Disability Insurance Doesn’t Tell the Full Story
A recent Associated Press story on Social Security’s Disability Insurance (DI) program raised some important issues but, like much of the recent spate of coverage of this...
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