NU Online News Service, April 1, 2005, 4:39 p.m. EST
A researcher at the National Center for Policy Analysis, Dallas, wants to apply the personal account concept to a new social problem.[@@]
The government should encourage workers to keep their jobs and find new jobs quickly by setting up a “personal employment account” program, according to a paper published by the NCPA and written by William Conerly, an NCPA senior fellow.
The government would organize the program by putting a portion of payroll taxes in investment accounts that workers would own and control, Conerly writes in the paper.