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Are the Social Security Trust Funds Meaningful? (PDF)
Center for Retirement Research [CRR] at Boston College 
May 9, 2005
8 pages. Excerpt: This brief explores the effectiveness of building up assets in the Social Security trust funds. It first describes the economic rationale for such a buildup. It then looks at the debate about whether the accumulation of assets in the trust funds since 1983 has increased national saving. The final section explores ways that could make the accumulation of assets more effective -- ..., restricting trust funds' investment in Treasury debt, and, finally, personal accounts.
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