Summary
While virtually everyone understands the global nature of terrorism, few people recognize that many of the long-term economic problems our country faces also are global. None is greater than the crushing economic pressures the industrial world's retirement and health-care systems - Social Security and Medicare in the U.S. - face in the decades ahead.
So it's encouraging that President Bush plans to make Social Security reform one of the centerpieces of his second term, part of the larger vision he discussed during the campaign to create an "ownership society" in America.See the full content of this document
Extract
Retirement Reform Course?
As the distinguished economist Anna Schwartz told a group of graduate fellows at the American Institute for Economic Research (AIER) in Great Barrington, Mass., this summer, the United States is not a...
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