Sunday, January 5, 2020

The "wicked problem" of Social Security in one chart

By Donald Sensing

This has been well known for many years and so is no news flash. But is an excellent illustration of a political "wicked problem," as distinguished from a simple problem or a complex one. But briefly, a wicked problem is that which all parties agree exists but do not agree on how to describe it, nor on what a solution can be, nor even on how to implement a resolution or know when it has been accomplished.

This chart is why everyone knows the problem exists. But because of its "wickedness," everyone has also united in kicking the can down the road.

Ratio of Covered Workers to Beneficiaries

Ratio of
Social Security Covered Workers to Beneficiaries
Calendar Years 1940-2013 

Year
Covered
Workers
(in thousands)
Beneficiaries(in thousands)
Ratio
1940
35,390
222
159.4
1945
46,390
1,106
41.9
1950
48,280
2,930
16.5
1955
65,200
7,563
8.6
1960
72,530
14,262
5.1
1965
80,680
20,157
4.0
1970
93,090
25,186
3.7
1975
100,200
31,123
3.2
1980
113,656
35,118
3.2
1985
120,565
36,650
3.3
1986
123,400
37,322
3.3
1987
126,287
37,951
3.3
1988
130,142
38,420
3.4
1989
132,478
38,859
3.4
1990
133,672
39,470
3.4
1991
132,969
40,172
3.3
1992
133,890
41,029
3.3
1993
136,117
41,840
3.3
1994
138,197
42,516
3.3
1995
141,446
43,107
3.3
1996
143,909
43,498
3.3
1997
146,736
43,792
3.3
1998
149,692
44,075
3.4
1999
152,453
44,366
3.4
2000
155,295
45,166
3.4
2001
155,546
45,668
3.4
2002
154,894
46,176
3.3
2003
154,954
46,752
3.3
2004
156,900
47,367
3.3
2005
159,081
48,133
3.3
2006
161,852
48,863
3.3
2007
163,05749,6033.3
2008
162,485
50,420
3.2
2009
156,021
51,860
3
2010
156,725
53,398
2.9
2011
158,988
54,816
2.9
2012
161,672
56,176
2.9
2013
163,221
57,471
2.8


Bookmark and Share