Social Security
To put Social Security’s financial crisis in perspective, just consider that if no changes are made in the system it will be more than $12 trillion short of paying its projected benefits over the next 75 years. Oregonians alone will bear more than $141 billion of that cost one way or the other.
Social Security has become such a burden on the American people because it depends on current workers to fund current retiree benefits. Sixteen workers supported each retiree in 1950, but there are only three workers per retiree today, and there will be only two in 2030. This demographic trend guarantees that if we do nothing, we will either see massive benefit cuts or huge tax increases, or both.
Publications
Government Anesthesia
Nobody likes pain, but we need it. This may sound counterintuitive or cruel when you are suffering with an injury or illness, but severe dangers ... read more
To Empower Families, Encourage Savings
Some activists are begging Oregon’s legislature to create yet another social safety net: paid family leave. Senate Bill 966 would create “insurance” benefits for family ... read more
My Two Cents and My Freedom:The Cost of Paid Family Leave
Click here to read the full report in PDF format Some Oregon activists are begging the state legislature to create yet another social safety net: ... read more
The SMART Way To Save Social Security
Summary For over 25 years, an increasing number of other countries have established some form of personally held accounts in response to their own social ... read more
