On Thursday, April 15th, 2010 the Savings and Retirement Forum will be held at Cato 1000 Massachusetts Ave, NW, Washington, DC [Directions to CATO], at 8:30am.
Mr. Gokhale
CATO 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 But the government projects its future finances using outdated methods.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.
The purpose of the Forum is to bring together academics, interested industry professionals, policy wonks, and government staffers who work on issues related to Social Security, pensions, savings, and general retirement issues for a monthly seminar and an annual half-day conference. Our website, www.savingsandretirement.org contains the dates of future meetings, links to relevant papers, and a few miscellaneous links that people doing research on these issues may find useful.
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