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The No Economist/Policy Analyst Left Behind Test for Social Security

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Publication Date: November 2004

Publisher(s): Center for Economic and Policy Research

Author(s): Dean Baker

Topic: Economics (Economic policy, planning, and development)

Keywords: Stock market; Corporate earnings; Inflation

Type: Brief

Coverage: United States

Abstract:

This short piece questions one of the basic premises of the Council of Economic Advisors' support for privatizing Social Security: that stock returns will average 6.5 percent annually over the next seventy-five years.