How Women Saved Social Security
By Casey B. Mulligan for Economix:


Although there are still some Americans who work, pay taxes, and then die before collecting Social Security benefits, this life cycle is much less common than it used to be. Thus you would think that Social Security would have had a huge deficit years ago.Social Security’s architects did not anticipate another major advance in the 20th century: women’s progress in market work, and how that progress would fill Social Security’s coffers.
How Women Saved Social Security By Casey B. Mulligan for Economix:

Although there are still some Americans who work, pay taxes, and then die before collecting Social Security benefits, this life cycle is much less common than it used to be. Thus you would think that Social Security would have had a huge deficit years ago.

Social Security’s architects did not anticipate another major advance in the 20th century: women’s progress in market work, and how that progress would fill Social Security’s coffers.

Notes