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Friday, November 1, 2019

In Memoriam: Elijah Cummings

Bill Arnone, CEO, National Academy of Social Insurance

In reflecting on the passing of Representative Elijah Cummings, we at the National Academy of Social Insurance recall his stirring tribute to William (Bill) Spriggs, recipient of the 2016 Robert M. Ball Award for Outstanding Achievements in Social Insurance.

We invite you to watch the late Congressman’s remarks during that memorable evening in which the Ball Award was presented to Bill Spriggs. (Congressman Cummings was actually a surprise guest speaker, so this intimate 7-minute recording was captured by none other than Bill Spriggs, via his mobile device!)

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Posted on November 1, 2019  |  1 comment  |  Add your comment
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Wednesday, October 16, 2019

Addressing Inequality, Increasing Economic Security

William Arnone, CEO, National Academy of Social Insurance

A new study indicates that the United States continues to lose ground when it comes to addressing inequality. According to the latest report from the U.S. Census Bureau’s American Community Survey (ACS) released in September 2019, the gap between the richest and poorest U.S. households is now the largest it has been in the past fifty years. Despite a national economy with low rates of unemployment, more than ten years of consecutive growth in gross domestic product (GDP), and median household income at an all-time high ($61,937 for 2018), disparities in income along racial, generational, and geographic lines grew.

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Thursday, September 19, 2019

Recession Readiness: The Role of Social Insurance

William Arnone, Chief Executive Officer

Recession Watch

A defining trait of severe recessions is the staggering levels of long-term unemployment that follow. During the last recession, between 2008 and 2009, 8.4 million jobs, or 6.1% of all payroll employment at the time, were lost. Prior to the last recession, the largest share of the unemployed experiencing long-term unemployment was 26.0% in the early 1980s. The same long-term unemployment rate exceeded 40% into the early 2010s, amounting to over 4%of the entire labor force, and is only now falling to pre-recessionary levels.

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Friday, August 16, 2019

Expertise and Engagement

Bill Arnone, CEO, National Academy of Social Insurance

As we strive to enhance our Academy’s effectiveness in fulfilling our mission – increase public understanding of how social insurance contributes to economic security and advance solutions to challenges facing the nation – one of my major concerns in today’s polarized environment is the distrust of expertise among segments of the U.S. population.

Some of this distrust is due to deliberate efforts to undermine evidence-based research. My January 2017 message to Academy Members, “What does a “post-truth” era mean for the Academy?” addressed this. There are, however, other factors in such distrust.

Nervous States

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Posted on August 16, 2019  |  Write the first comment
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Monday, August 5, 2019

In Memoriam: Merton Bernstein

William Arnone, CEO, National Academy of Social Insurance

 

Merton C. Bernstein 

1923 - 2019

Merton Clay Bernstein, Walter D. Coles Professor of Law Emeritus, Washington University in St. Louis died at home in Brewster, MA on August 3, 2019.  

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Posted on August 5, 2019  |  Write the first comment