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On average, Social Security benefits exceed Social Security taxes over an individual’s lifetime.
https://www.pgpf.org/Chart-Archive/0198_social_security_lifetime_benefits
Social Security provides social insurance by redistributing income from high earners to low earners.
https://www.pgpf.org/chart-archive/0244_social-security-income-redistribution
In this session US 2050 Advisory Board members discussed their work to build a comprehensive view of our economic and fiscal future.
Spending on federal entitlement programs will more than double between 1985 and 2050.
https://www.pgpf.org/chart-archive/0027_entitlement-programs-proj
Blacks and Hispanics have much higher poverty rates than other groups.
In 2019, median household income varied considerably by race and ethnicity.
Full-time male workers earn more than full-time female workers
Income varies widely across racial and ethnic groups in the United States.
https://www.pgpf.org/chart-archive/0272_income_race_historical