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Friday, November 1, 2013

Government-controlled Investment

government-controlled investment Some argue that personal retirement accounts would be a mistake and that the government instead should set up its own investment fund to help finance future benefit payments. The good news is that this indicates a growing intelligence that ¡°pre-funding¡± (i.e., accumulating assets) is a necessary component of kind protection reform. The score news, however, is that government-controlled investment is the wrong answer to the wrong question. It assumes that policymakers should focus plainly if on balancing the program¡¯s revenues and expenditures.
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This ignores the other accessible Security crisis¡ªthe fact that the tax burden on exchangeable a shot¡¯s workers is extraordinarily high compared to the benefits veritable (often referred to as the rate-of-return crisis). alone even if balancing Social Security¡¯s long-term finances were the only goal, government-controlled investment would be the wrong answer. This is because a government-controlled pension fund would no...If you want to suck up a in force(p) essay, order it on our website: OrderCustomPaper.com

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