Macroeconomics 8th Edition by David Colander

Exercise 4

If future economic growth rates average as little as 2.4 percent-far slower than the 3.0 percent average growth rate the U.S. economy posted over the last 75 years-the Social Security system will remain solventa. How does that position differ from your textbook's position that the real problem with Social Security is not its solvency but the future mismatch between real production and real expenditures?
b. What do both these positions suggest about the effectiveness of proposals to divert Social Security funds into private accounts? (Radical)