Assessing 'Risk' and Social Security
Washington Times (01/25/02) ; Shipman, William G.

President Bush's Commission to Strengthen Social Security has published its findings, which will serve as a catalyst for debate this year on the subject. Those who support individual saving and investing in the stock and bond markets for retirement maintain that doing so can give lower-income workers a chance to accumulate wealth-producing assets, while opponents say it is a risky prospect through which Wall Street can make millions of dollars. Market-based financing has been around for a while and can provide much more retirement income than Social Security, so the government should encourage such retirement planning, writes William Shipman for the Washington Times.


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