Day: October 22, 2008

Can Social Insurance Be Reformed?

Sreya Sarkar Cascade Commentary

Summary

The financial liabilities of social insurance programs in the United States in the near future are staggering, but the Wall Street meltdown has many Americans worried about “private” solutions. Around the world, other countries are replacing traditional pay-as-you-go schemes with hybrid arrangements of government social insurance programs and individual-based accounts, which may be a workable solution to the crisis. (more…)

Read Blog Detail