I've kind of been wondering recently why Bush's push to partially privitize SS failed. It seems like a decent enough plan on paper: it's not as abrupt a change as the Chilean system but is a very nice change from the current system. But it seemed to hit a brick wall with the public. One of the reasons people were so against it was because it would be harder to fund SS.
I kind of wonder if people would even be thinking this had Bush and the Republicans remained fiscally conservative and not run up huge deficits. Would you really questions someone's ability to fund something when they've done perfectly well doing so in the past? Unfortunately Bush has run up record deficits that are only now beginning to come down as the economy starts to recover. So did Bush and friends kill SS privitization before talk of it even started?
I kind of wonder if people would even be thinking this had Bush and the Republicans remained fiscally conservative and not run up huge deficits. Would you really questions someone's ability to fund something when they've done perfectly well doing so in the past? Unfortunately Bush has run up record deficits that are only now beginning to come down as the economy starts to recover. So did Bush and friends kill SS privitization before talk of it even started?
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