If workers and their employers put 5 percent of payroll into an account each year to replace the government’s obligation, after one generation the burden of Social Security as a percent of national income will be no larger than it is today. Andrew J. Rettenmaier and Thomas Saving
Social Security Reform without Illusion: The Five Percent Solution
John C. Goodman is President of the Goodman Institute and Senior Fellow at The Independent Institute. His books include the soon-to-be-published updated edition of Priceless: Curing the Healthcare Crisis, the widely acclaimed A Better Choice: Healthcare Solutions for America, and New Way to Care: Social Protections that Put Families First. The Wall Street Journal and National Journal, among other media, have called him the “Father of Health Savings Accounts.”
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