MEDIA ADVISORY

March 17, 1997 

Social Security Crisis Briefing: Is The Stock Market the Answer?

The Transcript Is Available

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
    BILL SHIPMAN
    DR. CAROLYN WEAVER
    WHAT SOCIAL SECURITY BRIEFING
    WHEN WEDNESDAY, MARCH 19, 4:00 to 6:00 p.m.
    WHERE 1334 LONGWORTH HOUSE OFFICE BUILDING

    # # # #

    For more information: Joan Kirby, Washington, DC 202-220-3082 Curt Erickson, Dallas, TX 972-386-6272 Internet: http://www.ncpa.org

    The National Center for Policy Analysis is a public policy research institute founded in 1983 and internationally known for its studies on public policy issues. The NCPA is headquartered in Dallas, Texas, with an office in Washington, D.C.

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