Is Social Security A Safety-Net Or A Stipend For Wealthy Seniors?

Most Americans look at Social Security as a safety-net. However, new research from the National Bureau of Economic Research however brings that assumption into question, showing that changes in life expectancy have meant that benefits have fallen disproportionately to the rich.

While few people will read the report in full, the conclusions are apt to push the debate about Social Security in a new direction. Typically, the goal of life studies such as this is to further our understanding of how our life expectancies are changing.  However, this study specifically looks at how those changes affect our entitlement infrastructure . . .