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1、chapter 6SocialSecuritysocialsecurityisthesymboliccenterpieceofourwelfarestate.Toillustratethispoint,imagineanoldmanemergingfromaoncecheapOdessarestau-rantonarainynightontheLowerEastSideofNewYork,literallysingingintherain,somethingmoreexpectedfromyoungpe
2、opleinHollywoodmovies.“Whyareyousinging?”ayoungmanasks,perhapsinamomentofyouthfulgrumpiness.“What’snottosingabout?TodayIgotmySo-cialSecuritycheck.Ipaidmyrent.Iboughtfood.Mybellyisfull.Iamahappyman.Ahappymanshouldsing.”Ofcourseheshould,andayoungmanorwomans
3、houldnotbegrumpyjustbecauseitisraining.Perhapstheoldmanwashappybynature,but,evenso,hissongwasalsoahymntoSocialSecurity.Therewasdignitytotheoldman,andpartiallyitwasthedignityofSocialSecurity(OldAgeSurvivorsandDisabilityInsurance[OASDI]),partofthesocialcont
4、ractourcountryhaswitholdpeoplewhohaveworked.OccasionallyweshallbecriticalofSocialSecurityinthischapterandofthemotivationsthatcreatedandsustainit,butitisessentiallyagoodprogram.Tobegin,SocialSecurityprovidesthemajorityofincomefortwo-thirdsofallrecipients.O
5、ne-thirdreceivesnearlyalltheirincomefromit.1SocialSecurityisnotonlysymbolicallycentralbutcentraltothedomesticsocialpolicybudget.Somespeakofsocialpolicyasconstitutingthelargestchunkofpublicpolicy.Thisistrueif,andonlyif,SocialSecurityisincluded.Withoutit,pu
6、blicsocialpolicybecomesfarmoreperipheral.Indeed,thisbudgetaryimportancecontributestoSocialSecurity’ssym-bolicimportance.Giventhis,itisastonishingthatourwelfarestate’spublic106socialsecuritypolicyofSocialSecurityisasnewastheNewDeal.Itisdifficulttoimag-inet
7、hiscountrywithoutit.Stretchingtheimaginationisalwaysavaluableeffort,indeednecessaryforfuturesocialprogress.BeforeSocialSecurity,tobecome(sixty-sevenyears)old,particularlyforhave-nots,wastoloseone’sincome.Haveswholostworklivedofftheirwealth,includingpensio
8、ns,thattheyhadaccruedduringalifeofhighincome,quitepossiblywithsig-nificantbenefits.Nottrueofhave-nots.Forhave-nots,thelossofajobmeantalossinincomethatoftenmeantdestitution.Theimpoverishedelderlyarenotparticularlyade
