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Discussion Post: Policy Investment and Consequences
Part I
The level of individual income subject to the Social Security tax is capped at some maximum amount.
Question 1. What arguments and policy criteria support raising this cap and/or not having a cap? Question 2. How could it be more equitable to meet anticipated future demand for Social Security by reducing the level of benefits? Question 3. What are the pros and cons of considering a private or public good?
Part II
You have researched the needs, rationale, and budgetary features of the policy you are analyzing. After talking with your supervisor, you realize that your stakeholders need a comparison of the costs and consequences of maintaining the policy and amending or replacing it to make the most informed decision. Add an additional 15 to 20 slides to your presentation that outline the challenges and costs of the justice and security issues the policy you are analyzing poses. Make sure the slides are in the correct order and the title identifies the objective being addressed.
Question 1. What are the social and financial costs of maintaining the status quo? Question 2. Outline the provisions in the policy.Question 3. How are funds allocated for each provision?Question 4. What potential challenges are identified?Question 5. What contingencies are identified to address these challenges?Question 6. What limitations do you find in the policy?Question 7. What are the social implications of the policy as it stands?Question 8. What are the social and financial costs of amending or replacing the policy? Question 9. How would you recommend the policy be altered to address social consequences?Question 10. What provisions are needed?Question 11. What financial and human resources are required for these provisions?Question 12. What are the potential challenges?Question 13. What contingencies can be put in place to address these challenges?Question 14. What financial and human resources are required for these contingencies?
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