Monday, April 12, 2010

Event: Social Security — A Fresh Look At Policy Alternatives

On Thursday, April 15th, 2010 the Savings and Retirement Forum will be held at:

The Cato Institute 1000 Massachusetts Ave, NW, Washington, D.C.

[Directions to CATO], at 8:30am.

Cato Institute senior fellow Jagadeesh Gokhale will talk about his new book "Social Security: A Fresh Look At Policy Alternatives."

Many of us suspect that Social Security faces eventual bankruptcy. But the government projects its future finances using outdated methods. Employing a more up-to-date approach, Jagadeesh Gokhale here argues that the program faces insolvency far sooner than previously thought. To assess Social Security's fate more accurately under current and alternative policies, Gokhale constructs a detailed simulation of the forces shaping American demographics and the economy to project their future evolution. He then uses this simulation to analyze six prominent Social Security reform packages - two liberal, two centrist, and two conservative - to demonstrate how far they would restore the program's financial health and which population groups would be helped or hurt in the process. Arguments over Social Security have raged for decades, but they have taken place in a relative informational vacuum; "Social Security" provides the necessary bedrock of analysis that will prove vital for anyone with a stake in this important debate.

If you plan on coming please RSVP. Coffee, juice, and pastries will be served. Please feel free to pass this along to others who you feel might be interested in attending.

Blogger's note: Jagadeesh's book has some very interesting insights about whether current projections of Social Security's finances are really catching what the future will look like, and whether existing reforms plans will be enough to bring the program back to solvency. An event well worth attending.

No comments: