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Intergenerational equity and public spending.

Paul W Newacheck¹, A E Benjamin

¹University of California, San Francisco, USA. pauln@itsa.ucsf.edu

Health Affairs (Project Hope)

|September 17, 2004

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Public spending for children and elders has diverged significantly. Future social welfare allocation should prioritize the needs of both populations over political and economic factors for equitable resource distribution.

Area of Science:

Public Policy
Social Welfare
Economics

Background:

Historical analysis reveals a significant divergence in social welfare spending between children and elders from 1965 to 2000.
Previous research, including work by Susmita Pati et al., corroborates this trend in public spending patterns.

Purpose of the Study:

To analyze trends in social welfare spending for children and elders.
To propose a new framework for equitable resource allocation based on population needs.

Main Methods:

Comparative analysis of historical social welfare spending data.
Review of policy drivers influencing resource allocation.

Main Results:

Documented a substantial divergence in social welfare spending for children versus elders between 1965 and 2000.

Related Experiment Videos

Identified political concerns and macroeconomic trends as primary drivers of future spending, potentially overshadowing actual needs.

Conclusions:

The current trajectory of social welfare spending risks being misaligned with the needs of children and elders.
Advocates for a new fairness doctrine to ensure equitable allocation of social welfare resources, meeting the needs of both demographics.