By Sebastian Boyd, Bloomberg.com Herman Cain, the former pizza executive surging in polls for the Republican presidential nomination, wants to replace Social Security with what he called the “Chilean model” of private pension funds. Full adoption of that model may push the U.S. deeper into deficit than Greece. Chile’s system, introduced under the 1973-1990 dictatorship [...]
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Cain’s Social Security Model Risks Deeper U.S. Debt
October 17, 2011 By Amaia Legeau 1 Comment
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Content on WeAreChangeTV is the opinion of the original poster, not necessarily of WeAreChangeTV, its owner, moderators or any other chapter of WeAreChange
Filed Under: Economy Tagged With: alternative media, Cain’s, congressional budget office, Debt, Deeper, deficit, Finance, love, model, nbc wall street journal poll, percent, personal retirement account, private pension system, Republican, Risks, security, Social, texas governor rick perry, U.S., we are change
