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53 Cards in this Set
- Front
- Back
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Between what years were the baby boomers born?
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1946-1964
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How many workers/person in the beginning of Soc. Sec. compared to now? What about in our career?
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1st- 13.5 now is 3.3 in our career 2.5
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What is the change in life expectancy at 65?
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Was 12 years is now 17 years.
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How many children/mother in the U.S. today?
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2 -- Pyramid to rectangle
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Americas pop over 65 will increase by how much percent by 2020?
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50%
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What did the average age used to be and what is it now?
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Used to be 23 is now 35
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What year was Medicare and Medicaid passed? What do they do? Who is the largest medicaid recipients?
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1965 johnson, Medicare for 65 and older or ppl with disabilities entitlement. Medicaid for poverty -- needs based. elderly nursing home largest
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What percentage of the US population is over 65?
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13%
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What is the fastest growing age group in society?
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People over 100
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What is Americas unfunded liability? How much
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Off the books 51 trillion
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In 2030 there will be twice as many elderly but only ___ more workers.
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18%
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Fed spends ___ on ___ as they do on ___?
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10X elderly, children
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What are the three interrelated proplems?
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Healthcare--medicare, retirement income -- soc. security, long term care - medicaide
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Diff between deficit and debt.
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Deficit is yearly shortfall debt is accumulated deficits.
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Formal Fed debt?
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9 trill
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Contingent Liability?
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insurance on bank accounts etc.
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Soc. Sec Requirments? Age for our gen for full benefits?
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62 yrs for early retirement. For full 65. For us 67. for old or diabled. Need to work 40 qtrs (10 yrs) for eligability.
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What percent of salary is social sec? Medicare? Combined? What is the max amount.
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12.4; 2.9; 15.3; $97,500
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in 1997, __ percent of Americans households paid more in parole taxes than income taxes.
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79%
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COLA:
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Cost of Living adjustments made on benefits
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Since what date has there been a SOC surplus?
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1983
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What are the 2 fundamental probs with soc sec?
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1: fiscal shortfall- no $ unless taxes up or spending down
2: rate of return for younger workers is low |
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What date will there be a Socs cash deficit?
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2017
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What is the three legged stool?
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Private pensions, soc. security, and savings.
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Defined benefit vs. defined contribution?
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Definined benefit: work x # of years have a very defined benefit (soc security)
Defined Contribution: 401k |
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What is the average household debt?
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473,500 - almost half a mil.
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Whats one of the problems with health care that is making it so expensive?
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People over-consume free drugs
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What is a single payer system for health care and what country is an example?
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People pay taxes and govt pays but hospitals and doctors practices are still privitized. Canada.
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What percent of health care is paid by someone else?
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83%
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How many americans are left uninsured?
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47mil
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What percentage of GDP is healthcare?
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16%
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how much was health care per capita spending in 2005?
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6500
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How fast is the cost of healthcare growing?
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2.5 X inflation
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How many jobs will go overseas by 2018?
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3.3 mill
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The 10 fastest growing jobs are ..
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low skilled service
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The question in education is
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Reform or revolution; improve pub school vouchers, what about tenure
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One of the largest welfare recipients is:
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Corporate America
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Workfair:
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Need to work for benefits
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TANF
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Temp assistance to needy families. Stopped making welfare an entitlement. 5 years max.
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First drug to become illigal and only to be put in a constitutional amendment: 17,000 pen..
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alchohol
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Legal drugs kill more than illigal. Choices?
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Abilosh or legalize? or Least harm (more edu and treatment)
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When it comes to drug enforcement spending, $__ of spending gives a $__ decrease in crime.
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20, 1
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What is the criminal justice system?
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Police, courts, D.A -- pub defend, parole and probation, jail and prisons
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Why wouldnt someone goto jail for rape and murder?
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torture, mental capacity, illegal search and seizure, no Miranda warning
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How many people are there behind bars in the U.S.?
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2 mill
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In 1980, there were ___ inmates/100,000 people, now there are ___/100,00, why?
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15; 148; drugs
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Why have we experienced so much decrease in crime?
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so many people in prison
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Fatal Conceit
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Governments smarter than the market
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Xenophopia
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fear of different races
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How many illigal immigrants enter the united states each year and how many legally?
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500,000 illigal 1,000,000 legal
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Whats two analogies used to describe america in the conflicting views on immigration?
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Salad bowl vs. melting pot
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Affirmative action
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Inequality being treated by inequality
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Terrorism
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battle for hearts and minds.
Patriot act-- library books websties...What freedoms do we have to give up? |
