The battle begins: for decades, Social Security was called the "third rail" of American politics. Suddenly, privatization sounds like a done deal. Not so fast.(Dispatches)
American Prospect, The, January, 2005 by Kuttner, Robert
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SOCIAL SECURITY IS THE MOST successful program that tangibly delivers on the core philosophy of the Democratic Party--namely, that ordinary people depend on government for economic security that markets can't provide. Unlike recent token programs, Social Security delivers serious money, to the middle class and the working poor alike. Without Social Security, a third of America's seniors would be destitute.
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Despite its broad popularity, however, Social Security could succumb to a Republican privatization scheme as early as April. Yet this could also be the comeback battle in ...
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