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Social security's investment shortfall : $8 trillion plus : and the way forward /
The aim of this book is to document, on a solid and convincing foundation, two public policy mistakes of the United States Government that have been extremely costly. First, the failure to combine stocks with long-term government bonds in the Social Security Trust Fund, the way other nations do, has...
| Clasificación: | Libro Electrónico |
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| Autor principal: | |
| Formato: | Electrónico eBook |
| Idioma: | Inglés |
| Publicado: |
Singapore :
World Scientific,
©2013.
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| Colección: | World Scientific series in finance ;
v. 3. |
| Temas: | |
| Acceso en línea: | Texto completo |
| Sumario: | The aim of this book is to document, on a solid and convincing foundation, two public policy mistakes of the United States Government that have been extremely costly. First, the failure to combine stocks with long-term government bonds in the Social Security Trust Fund, the way other nations do, has resulted not only in an investment shortfall well into the trillions of dollars, but has also reduced US and global economic growth and increased the national debt. Second, by employing the Unified Budget concept beginning in 1970, the US Government has since then understated its financial deficits. |
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| Notas: | "Plus how the US government{272b65}s financial deficit reporting = 64 madoffs." |
| Descripción Física: | 1 online resource. |
| ISBN: | 9789814407977 9814407976 |