|Wednesday, February 19|
Social Security 101: The Program and the Problem
Day One will cover how the current Social Security system works, how it is financed, and why we must take action to make the system sustainable for the long term. Social Security’s benefit structure, the nature of the Social Security Trust Fund, and the assumptions behind the trustee’s projections of coming insolvency will all be covered. Solutions based on personal retirement accounts will be introduced.
|Thursday, February 20|
Personal Accounts: Facts and Fantasy
Personal accounts sound like a good idea, but many people have doubts. This session will address the toughest objections made against personal retirement accounts, including issues of affordability, progressivity, market risk and more.
|Friday, February 21|
The Alternatives to Individual Accounts
Although proposals for individual accounts have been much debated, there has been far less discussion of the alternatives. Day Three will include a discussion of other proposals for Social Security reform, including tax increases, benefit cuts, and government investment of the trust fund in the stock market. It will look at proposals from prominent opponents of individual accounts from Congress, academia, and special interest groups.
This section will review public opinion findings on personal accounts and include a discussion of how Social Security reform may have impacted the fall elections.
Featuring Senator Jeff Flake (R-AZ); and Bill Watson, Trade Policy Analyst, Herbert A. Stiefel Center for Trade Policy Studies, Cato Institute; moderated by Laura Odato, Director of Government Affairs, Cato Institute.
Featured PublicationWe are grateful to the Harry and Lynde Bradley Foundation and the Carthage Foundation whose support of the October 2012 Cato Conference “Europe’s Crisis and the Welfare State: Lessons for the United States” made possible this special issue of the Cato Journal.
Featured BookRenowned development economist Deepak Lal draws on 50 years of experience around the globe to describe developing-country realities and rectify misguided notions about economic progress.
More Bang for Your Buck
The Cato Institute tops a new measure of think tank performance in the United States, according to a recent report. Cato bested all other U.S. think tanks in the main category of “Aggregate Profile per Dollar Spent.” “I’m grateful to the Center for Global Development for showing that Cato gives its sponsors something I wish government gave more of to taxpayers: bang for the buck,” said Cato CEO John Allison.