In the debate over creating a new federal paid-leave program, conservatives think they have found the ultimate free lunch.
READ MOREWhat makes More Guns, Less Crime special is Lott’s uncanny ability to weave economic concepts with gun policy. The power of this text lies in its ability to make any economist or casual observer of economics feel at home.
READ MOREWith inflation ticking upward in 2017, retirees are likely to see the largest cost-of-living adjustment in their Social Security benefits since 2011.
READ MORERetirees are likely to see a positive but very small cost-of-living adjustment in their Social Security benefits next year.
READ MORESince its enactment in 1935, Social Security has become an important feature of the retirement landscape for all Americans. But its finances are in need of repair. Despite the significant taxes already paid into the Social Security system, future benefit payments are expected to both outrun future tax revenues and consume any accumulated surplus (Chart 1).
READ MOREWe are all reasonably familiar with the idea of Social Security: You pay money in while you’re working and you get something back when you’re retired. But the system is complex, and even the most basic rules are misunderstood by a large segment of the population.
READ MOREThe annual cost-of-living adjustment (COLA) will be announced on Oct. 15, when the last data required to compute it becomes available. But the data already suggest that prices have fallen over the past 12 months, removing the need for an adjustment. If prices have fallen but the COLA is zero, the purchasing power of Social Security benefits would increase.
READ MOREDeciding when to apply for Social Security benefits is one of the most important (and most daunting) decisions a person will make in their life. With the release of the Social Security Administration’s Trustee’s report last week, it’s only appropriate to examine seven commonly held myths about this complex government program:
READ MORESpecial Report October 5, 2012 Beginning January, recipients should see payments go up by at least 1.5 percent. But the increase probably won’t be enough to cover higher everyday prices. by Polina Vlasenko, PhD, Research Fellow
READ MOREThis must be more evidence of Bernanke’s “tradition.” The Olympics may be over, but central banks around the world have begun a race to buy gold and are doing so at the highest level in decades. The World Gold Council recently announced that central ba …
READ MOREGood news: Vice Presidential candidate Paul Ryan may put the focus of the presidential campaign on the sustainability of the U.S. budget. Bad news: Ryan’s plan delivers some tough medicine.
READ MOREEconomic Bulletin Since 1935, AIER has spotted flaws in the program. A quick look at 77 years of commentary. by AIER Staff
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