Social Security Update: A Look at the Trustees Report and a Plan for the Future
Publication Date: April 2005
Publisher: Economic Opportunity Institute
Author(s): Marilyn P. Watkins
Research Area: Banking and finance; Population and demographics
Keywords: Social Security; Individual investment; Retirement
Type: Report
Coverage: Washington
Abstract:
Examines the consequences of privatizing Social Security for today's seniors and future generations, illustrating how private accounts will cripple the foundation of economic security for seniors and families who have experienced tragedy, while costing American taxpayers trillions of dollars. Outlines a plan to focus efforts on strengthening the American economy and increasing the productivity of the future workforce to ensure the program's solvency, rather than dismantling a successful program.
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