Senior Fellow Peter Ferrara notes, “Instead of trying to address the entitlement crisis by raising taxes and cutting benefits, we need to think outside the box and advance fundamental, structural reforms that would transform the programs to rely primarily on modern capital and labor markets, with positive, pro-growth incentives. What is involved here is an extension of supply-side analysis to the incentives of essential social safety nets in evaluating how to structure those in order to maximize program effectiveness, economic growth, and national prosperity.”
Ferrara is writing a series of Heartland Policy Briefs that do just that. The briefs will be collected here as they are written.
- December 13, 2012: #1 - A Winning Plan for Entitlement Reform
- June 14, 2013: #3 - Social Security Personal Accounts: Prosperity for All