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8 Cards in this Set

  • Front
  • Back

Ssi vs ssdi

Supplemental security income


Social security disability insurance

6 Threats of social insurance from the book

Birth into a poor family


Death of a breadwinner


Ill health


Involuntary unemployment


Disability


Outliving ones savings

What are the 5 values

Individual Liberty


Fairness


Efficiency


Effectiveness


Do no harm to the economy

What 5 things should government do

Establish Foundations for market based economy


Provide for public safety: Defense, police, fire protection


Public Goods


Economic Growth and Stability


Fight Poverty and Inequality

Political science theories 5

Punctuated Equilibrium Theory (PET) status quo followed by big event then big change



Multiple Streams Approach (MSA) problem, policy, politics / garbage can policy



Advocacy Coalition Framework (ACF)policy and politics are shaped by many actor



Policy Feedback Theory (PFT)influenced by existing policy



Narrative Policy Framework (NPF)Narrative trumps data

4 legs of retirement

Savings


Investments


Work


Social security

3 ways to continue the Social security trust fund

Reduce benefits


Increase revenue


Increase workforce

How long should your next egg cover

20 years