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Would Private Accounts Provide a Higher Rate of Return than Social Security?
Center on Budget and Policy Priorities June 3, 2005 Excerpt: Analyses by some of the nation's leading economists have convincingly demonstrated that the comparisons which private-account proponents often make of rates of return in Social Security to past rates of return in private capital markets are apples-to-oranges comparisons and do not withstand scrutiny. For example, a landmark paper ... found that 'the popular argument that Social Security privatization would provide higher returns for all current and future workers is misleading[.] |
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