Social Security Crisis Briefing: Is The Stock Market the Answer?
March 17, 1997
WASHINGTON, D.C. - Members of the Social Security Advisory Council recently recommended various plans to invest Social Security funds in the stock market. But many Americans fear investing their retirement funds in private markets or tampering with Social Security at all.
The National Center for Policy Analysis (NCPA) will sponsor a briefing to address the following questions about market-based solutions to Social Security reform:
- What are the potential benefits of investing in stocks?
- What are the risks?
- Can individuals make wise investment decisions?
- Should government do the investing?
- How do market rates of return compare to Social Security?
- Which retirement system is best if the stock market collapses?
- Do we need reform now, or do we wait?
Panelists Steve Forbes, Rep. Jim Kolbe (Co-chair House Public Pension Reform Caucus), Rep. Marshall Sanford (sponsor of a pending bill for a personal savings accounts system), Governor Pete du Pont, Wall Street expert Bill Shipman, NCPA President John Goodman and Social Security Advisory Council member Carolyn Weaver will provide answers to these important questions.
WHO: STEVE FORBES
REP. JIM KOLBE
REP. MARSHALL SANFORD
GOV. PETE DU PONT
DR. JOHN GOODMAN
DR. CAROLYN WEAVER
WHAT: SOCIAL SECURITY BRIEFING
WHEN: WEDNESDAY, MARCH 19, 4:00 to 6:00 p.m.
WHERE: 1334 LONGWORTH HOUSE OFFICE BUILDING