The Stock Market Bubble and Investing Social Security in the Stock Market


Publication Date: July 2002

Publisher: Center for Economic and Policy Research

Author(s): Dean Baker

Research Area: Banking and finance

Keywords: Privatized systems; Wealth redistribution; Financial projections

Type: Report

Coverage: United States

Abstract:

This paper looks at the potential losses if varying fractions of Social Security funds, as proposed by advocates, had been placed in the stock market in each of the last four years, when the stock market was experiencing an unsustainable bubble.