"it will be hard to get Democratic votes for a bill that includes personal accounts. Democrats oppose them for the same reason that Republicans support them: because they think the accounts will create Republicans. People who have them will start thinking like investors."
...
It makes sense to preserve and modernize New Deal and Great Society programs so they fit tomorrow's world. But it does mean you stop and look for alternate routes before you hit the roadblock.
David Brooks today:
Republican blunders: Republicans often argue that Democrats are out of touch with mainstream Americans, but this time it was the Republicans who were trapped in the insulated world of their own think tanks.
Having skimmed decades of private-account proposals, Republicans did not appreciate how unfamiliar this idea would seem to many people. They didn't appreciate how beloved Social Security is, and how much they would have to show they love it, too, before voters would trust them to reform it.
Look in the mirror lately?
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