Govt. “Control” of Private Sector through Market Investment
Pro
- Index funds will help assure a broad based investment strategy.1
Con
- The process could easily be politicized. 2, 3
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- The government might start interfering in corporate policies.3
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- The government would immediately become the largest single investor. 4
1. Source: Peter Diamond, Institute Professor. The White House Conference on Social Security- Statements from Participants.
2. Source: David E. Sanger “Big Eye on the Markets”, New York Times, January 7, 1997.
3. Source: Deroy Murdock (CATO Institute) “ And Should the Feds Invest? Washington Times, August 11, 1998.
4. Source: Merrill Matthews ( National Center for Policy Analysis) Government Investment is fraught with Peril, Investor’s
Business Daily, January 11, 1999.