Social Security: More Is Better - Much Better

The President's plan, both economically and politically, is a no-brainer.

by Rod D. Martin
April 4, 2005

Despite an enormously publicized AARP effort to discredit Social Security reform -- aided and abetted every reactionary force the left can muster -- the good news is that George Bush is winning. The question is whether he'll take advantage of what he's won.

Friday's Opinion Dynamics/Fox News poll tells the story. Despite the thousand mainstream media stories you've seen to the contrary, 60 percent of Americans support private accounts. Those most likely to benefit -- Americans under 30 -- support them the most, by a whopping 76 percent; but the people AARP purports to represent -- 56 percent of all Americans over age 55 -- prefer them too.

Far from “dead on arrival”, personal control over your own Social Security savings is a winner. Most Americans understand private accounts well: they've had IRAs and 401(k)s for a quarter century. They also know Social Security is going bankrupt: in another time, Bill Clinton, Harry Reid and Nancy Pelosi used to tell them …