The Economics of Safety Nets

  • Building upon President Franklin Roosevelt's New Deal during the Great Depression, in the mid-1960s President Lyndon B. Johnson created the "Great Society." Under that name, social and economic legislation was passed...

  • On March 23, 2010, President Barack Obama signed the Patient Protection and Affordable Care Act (PPACA) into law. Popularly known as Obamacare, the PPACA sought to bring government reform to America’s health care...

  • The State Children’s Health Insurance Program, also known as SCHIP or CHIP, was officially ushered into the cannon of governmental programs in 1997. Although its passage in Congress was touted as a bipartisan effort,...

  • Public employee pensions in the United States were historically reserved for wounded combat veterans who could no longer provide for themselves as a result of their service to the country. Few would disagree with such...

  • Social Justice -- although this little phrase glibly slips off the tongue of many an individual, its ambiguity and explosive political nature can often cause profound confusion about the concept’s true meaning. Indeed, as one...

  • No one disagrees that health care reforms in the United States aren't needed to bring costs under control, while still providing maximum coverage for people. Legislators and presidents have spoken for decades of...

  • In 1965, President Lyndon B. Johnson and the 89th Congress came together to extend the scope of Social Security coverage by amending into the original legislation a program of social medical insurance called Medicare...

  • Born from President Franklin Roosevelt's New Deal entitlement policies, Social Security functions as a system of social insurance in which a portion of workers and employers earnings are taxed to fund government-managed trust funds. These funds...