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Elderly Entitlements and Wealth Inequality
(Private Enterprise Research Center, Texas A&M University, 2022-12-21)
By most measures, wealth inequality has risen significantly over the last three decades and is a growing concern. However, standard wealth definitions require that individuals possess a legal claim to assets included as ...
Social Security Wealth and Federal Liabilities
(Private Enterprise Research Center, Texas A&M University, 2021-02-15)
In the U.S., wealth inequality has risen in recent years. However, past estimates of wealth inequality tend to ignore Social Security benefits – even though these accrued benefits are almost 40% of the size of conventional ...
Poverty in the U.S.
(Private Enterprise Research Center, Texas A&M University, 2023-05-02)
In 1964, President Lyndon B. Johnson declared a ‘war on poverty.’ Since then, the U.S. poverty rate declined from 19% to 11.6% in 2021, but one may wonder why it has not dropped further. In this issue of PERCspectives ...