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Future Middle-Class Retirees at Risk
Alicia H. Munnell, published by the American ProspectLink to more items from this source
[Opinion]
May 11, 2004
Excerpt: First, the push to privatize Social Security has diverted attention from solving the program's financing problems. Second, unchecked reliance on 401(k) plans has made employer-provided pensions less reliable. Third, the president's 'ownership society' initiative has led to policy proposals that undermine pension coverage and splinter the health-care system. Finally, massive budget deficits have now made it more difficult to fix Medicare and Social Security.

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