Row 61378
Content Data
This page contains data entry 61378 from the Axioma AXP content repository. The structured data below represents the complete record for this entry.
That is incorrect. Read the history of social security. The conception of the insurance was that being retired and resulting loss of income in and of itself was the insurable event. I'm not debating what someone's opinion is as to what it should be. I am describing the underpinnings of SS when it was implemented. And therefore what the "intent" of SS was. It's fine to want to change it. But we shouldn't confuse that with what SS was designed to be and the philosophical underpinnings of it.
>We may find it obvious to think of death, disability or unemployment as conditions causing loss of income and which can be ameliorated by pooling of risk. It is at first a little odd to think of old-age or retirement in these same terms. But that is precisely how the early social insurance theorists conceived of retirement, *as producing a loss of income due to cessation of work activity.*
Source: Social Security Administration.
Social security was compromise legislation that provided for a worker contributing to his own retirement, with a social element for people who couldn't contribute enough.
| Field | Value |
|---|---|
| text | That is incorrect. Read the history of social security. The conception of the insurance was that being retired and resulting loss of income in and of itself was the insurable event. I'm not debating what someone's opinion is as to what it should be. I am describing the underpinnings of SS when it was implemented. And therefore what the "intent" of SS was. It's fine to want to change it. But we shouldn't confuse that with what SS was designed to be and the philosophical underpinnings of it. >We … |
| label | r/economics |
| dataType | comment |
| communityName | r/Economics |
| datetime | 2024-05-23 |
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Raw Record
{
"text": "That is incorrect. Read the history of social security. The conception of the insurance was that being retired and resulting loss of income in and of itself was the insurable event. I'm not debating what someone's opinion is as to what it should be. I am describing the underpinnings of SS when it was implemented. And therefore what the \"intent\" of SS was. It's fine to want to change it. But we shouldn't confuse that with what SS was designed to be and the philosophical underpinnings of it.\n\n>We may find it obvious to think of death, disability or unemployment as conditions causing loss of income and which can be ameliorated by pooling of risk. It is at first a little odd to think of old-age or retirement in these same terms. But that is precisely how the early social insurance theorists conceived of retirement, *as producing a loss of income due to cessation of work activity.*\n\nSource: Social Security Administration.\n\nSocial security was compromise legislation that provided for a worker contributing to his own retirement, with a social element for people who couldn't contribute enough.",
"label": "r/economics",
"dataType": "comment",
"communityName": "r/Economics",
"datetime": "2024-05-23",
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Entry Information
- Entry ID: 61378
- Repository: Axioma AXP
- Dataset: arrmlet/reddit_dataset_36
- Total Entries: 100,000