Social Security's Investment Shortfall: $8 Trillion Plus - And The Way Forward - Plus How The Us Government's Financial Deficit Reporting = 64 Madoffs
Discover the profound insights in "Social Security's Investment Shortfall: $8 Trillion Plus - And The Way Forward - Plus How The US Government's Financial Deficit Reporting = 64 Madoffs" by the renowned author. Published by World Scientific Publishing Co Pte Ltd in 2012, this compelling hardback offers a detailed analysis over 148 engaging pages.
This authoritative work explores two critical public policy mistakes made by the US Government that have cost taxpayers dearly. The author argues for a re-evaluation of Social Security as merely a minimal safety net, drawing on the economic philosophies of Adam Smith and Friedrich Hayek. The book also critiques the inefficacy of private social security accounts, highlighting the risks of moral hazard and significant productivity losses.
Ideal for policymakers, economists, and anyone interested in the future of Social Security, this book presents a path forward in reforming a critical aspect of American financial security. Don't miss out on this enlightening read that tackles the pressing issues of our time!