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At Columbia s $600 Million Business School, Time to Rethink Capitalism

Social Security Reform Helps Small Business

Small business has much to gain and very little to lose if Congressestablishes Social Security personal retirement accounts. Theseaccounts, which would allow taxpayers to invest a portion of theirSocial Security retirement taxes, would make capital more availableto small businesses without adding any appreciable administrativeburden.

The Many Real Dangers of Soaring National Debt

Federal government debt has nearly doubled since President Barack Obama took office. Recent progress toward reducing the annual budget deficit is welcome, yet federal debt is still projected to increase 50 percent over the next decade and then rise rapidly thereafter under existing policies.[1] As federal debt has soared, so have concerns about America’s future. Used properly, debt can safely finance private and government investment in productive capital to support economic growth.

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