Whither social security privatization?

Only one in three Americans approve of
President Bush’s handling of Social Security, his lowest rating on the
issue since he took office.  A USA TODAY/CNN/Gallup Poll conducted
Friday-Sunday found that 35% approved of Bush’s Social Security record,
56% disapproved and 9% had no opinion. That was down from three weeks
ago, when 43% approved. In March 2001, just after he took office, 49%
approved. (Related: Poll results)

Here is the story.  Yes poll results are tricky but this suggests we will not get a large reform plan.  I expect a face-saving measure with a tax increase on the FICA maximum, and a nominal nod to "private" accounts in the form of forced saving.  As they say, be careful what you wish for…


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