The political sparring over Social Security.(Other Views)

Investment News, February, 2005

Byline: Christopher L. Davis First of two parts In his quest for historic reform of the Social Security system, President Bush has set his sights on a goal with enormous political risk. Members of Congress refer to Social Security as "the third rail of American politics'' for good reason: Even the suggestion that you might touch it has been enough to end a political career.

So the reward for success for Mr. Bush will be equally significant: a place in history as the first president since Franklin D. Roosevelt to structurally change this most trusted of American institutions. The coming political fight may well be won or lost in Round 1: determining who controls public perceptions of the issue. Most modern American political fights are...

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