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


 

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.