President Roosevelt knew the value of private investment and the available evidence suggests that he feared Social Security would become the ponzi scheme that it is. But no one can doubt FDR would have been mortified by what passes for talking points from his once-proud party.
"Stopping privatization and dropping partisan demands for private accounts," Rep. Jon Salazar (D-CO) whined in response to President Bush's Saturday Radio Address.
Why are the Dems still talking about this? I thought Social Security reform was as popular as leprosy and that the President's "plan" was dead in the water.
Well, of course it isn't dead. Only Nancy "Social Security has never failed to pay promised benefits" Pelosi's most zealous followers really believe the program is just hunky-dory as it is. Optional private accounts had better not pass, from the partisan Democrat point of view, or the younger generations will be lost to them forever.
This fall is going to be a lot of fun to watch!