Universal Social Savings/Insurance Old Age Survivors and Disability Insurance (OASDI) or what is...

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Transcript of Universal Social Savings/Insurance Old Age Survivors and Disability Insurance (OASDI) or what is...

Page 2: Universal Social Savings/Insurance Old Age Survivors and Disability Insurance (OASDI) or what is commonly understood as Social Security, Targeted Means-tested.

Universal Social Savings/Insurance

Old Age Survivors and Disability Insurance (OASDI) or what is commonly understood as Social Security,

Targeted Means-tested program

Old Age Assistance- (OAA) a means-tested welfare program for the elderly,Aid to the Permanently and Totally Disabled (APTD)- a means tested welfare program for blind and severely disabled individuals,Aid to Dependent Children (ADC) - a means-tested welfare program for mothers with dependent children who were unable to provide for themselves.

Page 3: Universal Social Savings/Insurance Old Age Survivors and Disability Insurance (OASDI) or what is commonly understood as Social Security, Targeted Means-tested.

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1940 1945 1950 1955 1960 1965 1970 1975 1980 1985 1990 1995 2000 2005

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Social Security

OAA/SSI

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1960 to 1972

Welfare Recipients

Page 5: Universal Social Savings/Insurance Old Age Survivors and Disability Insurance (OASDI) or what is commonly understood as Social Security, Targeted Means-tested.

1970 $753

1975 658

1980 583

1985 527

1990 516

1995 425

Average AFDC Family Benefit

Page 6: Universal Social Savings/Insurance Old Age Survivors and Disability Insurance (OASDI) or what is commonly understood as Social Security, Targeted Means-tested.

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1950 1955 1960 1965 1970 1975 1980 1985 1990 1995

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Welfare RecipientsChildren of Divorce

1960-1972

Page 7: Universal Social Savings/Insurance Old Age Survivors and Disability Insurance (OASDI) or what is commonly understood as Social Security, Targeted Means-tested.

0%

10%

20%

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1948 1952 1956 1960 1964 1968 1972 1976 1980 1984 1988 1992 1996 2000

Child under 3

Child under 6

Labor Force Participation of Mothers

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10%

20%

30%

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Under $20,000 $20,000-$29,999 $30,000-$39,999 $40,000+

Never Married

Divorced

Income and Poverty Among Single Mothers Source: U.S. Census Bureau (2001).

Page 9: Universal Social Savings/Insurance Old Age Survivors and Disability Insurance (OASDI) or what is commonly understood as Social Security, Targeted Means-tested.

Mixed Messages: Abortion versus Welfare

Page 10: Universal Social Savings/Insurance Old Age Survivors and Disability Insurance (OASDI) or what is commonly understood as Social Security, Targeted Means-tested.

Dissatisfaction with Welfare

Thinking outside the box

Family Assistance Plan

Page 11: Universal Social Savings/Insurance Old Age Survivors and Disability Insurance (OASDI) or what is commonly understood as Social Security, Targeted Means-tested.

Targeted Means-tested program

Old Age Assistance- a means-tested welfare program for the elderly,

Aid to the Permanently and Totally Disabled (APTD)- a means tested welfare program for blind and severely disabled individuals,

These are folded back into Social Security as SSI

Aid to Dependent Children (ADC) - a means-tested welfare program for mothers with dependent children who were unable to provide for themselves.

Page 12: Universal Social Savings/Insurance Old Age Survivors and Disability Insurance (OASDI) or what is commonly understood as Social Security, Targeted Means-tested.

From 1973 on Welfare is Limited to Single Mothers and

their Children

Page 13: Universal Social Savings/Insurance Old Age Survivors and Disability Insurance (OASDI) or what is commonly understood as Social Security, Targeted Means-tested.

What do we do for poor mothers?

• AFDC

• Welfare payments

Murray and other critics say the program is the problem.

Welfare leads to Out-of-Wedlock births.

Page 14: Universal Social Savings/Insurance Old Age Survivors and Disability Insurance (OASDI) or what is commonly understood as Social Security, Targeted Means-tested.

Figure 3.4 Number of Births to Unmarried Women

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1940 1945 1950 1955 1960 1965 1970 1975 1980 1985 1990 1995 2000

single parent composition.xls

During period in shaded area welfare rolls essentially remained unchanged while the percent of moms working increased

Page 15: Universal Social Savings/Insurance Old Age Survivors and Disability Insurance (OASDI) or what is commonly understood as Social Security, Targeted Means-tested.

What can be done for children in poverty?

• Protect from neglect

• Any chance we can do for kids what we did for seniors?