(Mobile pdf) Social Security's Investment Shortfall: $8 Trillion Plus — and The Way Forward:Plus How the US Government's Financial Deficit Reporting = 64 Madoffs: 3 (World Scientific Series in Finance)






 | #4474634 in eBooks |  2012-09-17 |  2012-09-17 | File Name: B009VB61FC


|| |"In this important and revealing contribution to the coming debate on entitlements Professor Hakansson shows how Congress/the government has squandered our contributions to Social Security on current expenditures instead of investing them to provide the fu

The aim of this book is to document, on a solid and convincing foundation, two public policy mistakes of the United States Government that have been extremely costly. First, the failure to combine stocks with long-term government bonds in the Social Security Trust Fund, the way other nations do, has resulted not only in an investment shortfall well into the trillions of dollars, but has also reduced US and global economic growth and increased the national debt. Secon...


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