Reforming Public Pensions in the US and the UK

Diamond, Peter
February 2006
Economic Journal;Feb2006, Vol. 116 Issue 509, pF94
Academic Journal
This essay describes the current debate on reforming Social Security in the US, along with a brief description of how the programme works. Along the way it comments on the quality of some reform proposals as well as their political standing. Where issues are similar, some inferences are drawn for the UK. While the focus of this essay is the political debate, the debate and my analysis do draw on the academic literature, which is not surprising since academics have played a number of roles in the debate, making reform proposals, being on and staffing the commission appointed by President Bush, and working for the Bush administration.


Related Articles

  • Analysts await details on Bush plan to privatize Social Security. LaRose, Greg // New Orleans CityBusiness (1994 to 2008);1/24/2005, Vol. 25 Issue 29, p32 

    The article reports on the implications of the plan of U.S. President George W. Bush to privatize the social security system. Bush has made privatization of social security his 2005 priority. Americans want that necessary steps should be taken to ensure the stability of the 70-year-old system....

  • Against the Doubters.  // National Review;12/31/2004, Vol. 56 Issue 25, p12 

    Discusses President George W. Bush's plans for Social Security reform. Reference to the fact that the program, in its current state, is unaffordable, and will begin to send out more money than it takes in by 2018; Plan by the President to allow people to invest some of their contributions to the...

  • Return to Reform.  // National Review;5/31/2004, Vol. 56 Issue 10, p16 

    Discusses the importance of President George W. Bush's policy on social security for his campaign theme of an "ownership society." Promise to reform social security in his 2000 campaign by allowing individuals to invest some of their funds.

  • Seniors Draw Fire. Fineman, Howard; Darman, Jonathan; Bailey, Holly; Wolffe, Richard // Newsweek;3/7/2005, Vol. 145 Issue 10, p35 

    Reports on AARP and its struggles as an opponent of President George W. Bush's sweeping proposals for change in Social Security. How well funded groups are going after the organization of retired people feeling that the measure may fail unless the AARP's reputation is harmed enough to blunt...

  • Bush v. Congress. Ponnuru, Ramesh // National Review;10/25/1999, Vol. 51 Issue 20, p18 

    The article discusses the implications of a dispute between U.S. congressional Republicans and Texas Governor George W. Bush should he win the presidential election in 1999. Despite the statement issued by the Bush campaign not to run against the Republican Congress, skepticism abound on the...

  • Conjuring up a crisis. Dobbs, Lou // U.S. News & World Report;2/21/2005, Vol. 138 Issue 6, p48 

    Suggests that by putting Social Security reform at the top of his agenda, President George W. Bush will either become a hero to proponents of small government and free markets, or he will fall victim to the law of unintended consequences. Concern that adding between $750 billion and $2 trillion...

  • Fixing Social Security. Longman, Phillip // Fortune;11/1/2004, Vol. 150 Issue 9, p78 

    Analyzes the efficiency and stability of the Social Security system in the U.S. Criticism for the proposals offered by President George W. Bush and Democratic nominee John Kerry during the 2004 Presidential campaign; Outline of a plan to reform the current system; Recommended reforms including...

  • Don't Show Us the Money. Gasparino, Charles // Newsweek (Atlantic Edition);2/28/2005 (Atlantic Edition), Vol. 145 Issue 9, p36 

    Discusses reasons for the silence of the nation's big financial firms on the issue of introducing privatized Social Security accounts. Suggestion that financial firms would reap tens of billions of dollars in fees with millions of new investors; Claim by top Wall Street executives that the fees...

  • A Successful Launch.  // National Review;6/19/2000, Vol. 52 Issue 11, p16 

    This article discusses the suggestion of Texas Governor George W. Bush that workers should be allowed to invest some of their social security taxes. According to public opinion polls, the idea is gaining support. Most of the observers say that the proposal is helping Bush. Democrats are...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics