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Publication Date: November 2004
Publisher: Center for Economic and Policy Research
Author(s): Dean Baker
Research Area: Economics
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.