Writing a Policy Response (2-3 PAGES)

Policy Response

The article “It’s Time to End Social Security for the Rich” discusses a potential (partial) solution to the growing problems with Social Security funding that will become very salient in the future. In this assignment, you will read:

1. Read the Brookings[Piece by Stuart Butler]

2. Read Saving Social Security by Diamond and Orzsag

* I HAVE ATTACHED BOTH ARTICLES

Then, I want you to pretend you are a policy analyst for a local politician who has been tasked to write a short policy piece. In 2 – 3 pages (NO MORE THAN 3), I want you to address the following:

•  Overview of the policy problem at hand
•  What is the economic rationale for the current Social Security system
•  What is the economic rationale for the abolishing the current system and installing one similar to the one that Butler advocates.
•  Be sure to focus on key issues: e.g. adverse selection, moral hazard, fairness, redistribution.
•  What would you advocate your politician do? Support maintaining the system that is currently in place (and finding a new way to insure solvency) or install a program that acts more like a system for the poor? Your short papers should have the following format: 

• No more than 3 pages
•  Types with 1.5 – 2 spacing and 11-12 pt font
•  Separate headings
•  Any reference(s) in proper format
• I HAVE ALSO ATTACHED A SHEET WITH STRUCTURING AND TIPS AND EXAMPLES. ALSO SOME POWERPOINTS FOR REFERENCE TO THE KEY ISSUES AND POLICIES.

"Looking for a Similar Assignment? Order now and Get 10% Discount! Use Code "GET10" in your order"