Archive: Kimberly Blanton
The Social Security program was designed to support lower-income retirees more by replacing a larger share of their past earnings than higher earners receive. But the subsidies that encourage workers to save for retirement tilt in the opposite direction. For this reason, White workers – who tend to earn more than Blacks and Hispanics –…
To improve low-income households’ economic well-being, the social safety net provides both cash assistance and additional resources to support a better lifestyle – safer housing, more education or training, or healthy but expensive fresh fruits, vegetables, and meats. The health and employment benefits of three programs passed in the 1960s and 1970s – food stamps,…
