- Hardcover: 240 pages
- Publisher: W. W. Norton & Company; 1 edition (April 17, 2008)
- Language: English
- ISBN-10: 0393066029
- ISBN-13: 978-0393066029
- Product Dimensions: 5.8 x 0.9 x 8.5 inches
- Shipping Weight: 9.6 ounces (View shipping rates and policies)
- Average Customer Review: 8 customer reviews
- Amazon Best Sellers Rank: #3,040,550 in Books (See Top 100 in Books)
Enter your mobile number or email address below and we'll send you a link to download the free Kindle App. Then you can start reading Kindle books on your smartphone, tablet, or computer - no Kindle device required.
To get the free app, enter your mobile phone number.
Putting Our House in Order: A Guide to Social Security and Health Care Reform 1st Edition
Use the Amazon App to scan ISBNs and compare prices.
The Amazon Book Review
Author interviews, book reviews, editors picks, and more. Read it now
From Publishers Weekly
Former secretary of state Shultz and Stanford economics professor Shoven offer an agenda to reform Social Security and health care in a useful but abstruse primer meant to clarify some of the most pressing issues in the upcoming election. Shultz and Shoven offer an overly optimistic assessment of the economy's health and warn of the Iceberg Ahead: the staggering projected costs of Social Security, Medicaid and Medicare. The authors boil the crisis down to the simple fact that, in demographic terms, we are retiring earlier and living longer. Government revenues alone cannot meet the needs of the increasing costs of health care, a longer life span and a growing cadre of those retiring at 62. Shultz and Shoven acknowledge that reforms in entitlement programs are notoriously difficult to implement, but inaction is not an option, and reforms should have been in place 10 years ago. To keep Social Security and health care from buckling under their prohibitive costs, the authors suggest a series of reforms, chief among them measures to encourage older Americans to continue participating in the labor force. The proposals in this citizen's guide are undeniably convincing, yet their presentation might prove too dense and difficult foranyone but the most dedicated political enthusiast. (Apr.)
Copyright © Reed Business Information, a division of Reed Elsevier Inc. All rights reserved.
As the federal government’s social programs continue on course toward predicted fiscal whirlpools (Social Security will be in the red within 10 years), the tacks to safe harbor are no secret: either restrain benefits or increase taxes. Favoring the former on the grounds that the latter will weaken the economy on which entitlement programs depend, former cabinet officer Shultz and economics professor Shoven propose reforms of Social Security, Medicare, and Medicaid. The authors describe the rules of programs whose finances are becoming demographically squeezed between a healthier, longer-living, ever-larger retirement cohort and the relatively decreasing productive workforce that pays the taxes. Suggesting a combination of incentives to increase the workforce and, to restrain costs, attachment of benefits more closely to the individual via personal accounts and vouchers, Shultz and Shoven outline how changing various rules, such as the calculation of benefits, could move entitlement programs toward fiscal rationality without sacrificing their universality. Technocratic and not overtly political, this policy paper is timely for election year debates. --Gilbert Taylor
Top customer reviews
Wealth Odyssey: The Essential Road Map For Your Financial Journey Where Is It You Are Really Trying To Go With Money?
The authors virtually ignore the burgeoning costs of pharmaceuticals, do not challenge the canard that these high costs are needed to'fund R&D' nor criticize the hundreds of millions of research dollars diverted instead to TV and print advertising. Switzerland, hardly a second-rate power in the pharmaceuticals development, produces and delivers prescription drugs to its people at a fraction of the US cost. Wee have much that we can learn from our foreign friends, but Sec. Shultz and Dr. Shoven choose to ignore such lessons
The presumption running through this book is that individuals will make the best choices, and that (ugh!)Government should keep its paws off. But personal choices tend to be optimistic and short-term driven, as our appallingly low savings rate proves. In our younger and middle years, millions of us abuse our bodies and skimp on inexpensive preventive care, then expect Medicare to fund the far more costly repairs in our old age. Any solution to our health care crisis must reverse that mindset and require full, public participation, however politically unpopular that may be,