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What Social Security’s Shortfall Is Really Telling Us About the Economy
Wednesday, August 5
1:00 pm ET
ZoomRegister NowDear Joyce,
The recently released Social Security Trustees Report tells a familiar story: Social Security is approaching insolvency and, without intervention, tens of millions of beneficiaries will face steep cuts to their benefits in 2032. Many Americans view the trust fund reserve’s depletion as inevitable, the inexorable result of too many retirees drawing on too little money for the program to stay afloat.
But what if the flaw doesn’t lie with the program itself, but with the management of the economy as a whole? In an upcoming brief, Roosevelt Institute guest author and renowned economist Kathryn Anne Edwards argues that Social Security is under strain not from poor program design, but because of broader economic conditions—namely decades of increasing inequality, weak wage growth, labor-market weakness, and poor recession management.
The decisions made by policymakers in the next few years will shape the program for generations. Join us on August 5th, as Edwards joins the Roosevelt Institute and other leading Social Security experts for a webinar exploring the economic forces threatening one of Franklin D. Roosevelt’s most enduring legacies and what it will take to protect it.
We hope to see you there.Register Now
In Conversation
Kathryn Anne Edwards
Economist
Kate Bahn
Institute for Women’s Policy Research
Bradley Hardy
Georgetown University
Betsey Stevenson
University of MichiganRegister Now