Summary
Though he gave it his best shot, President Bush failed to overhaul Social Security. Even so, his efforts have brought at least one lasting benefit. Social Security reform is now part of our national discourse, whereas before it was almost impolite to bring it up. Politicians can now discuss the issue without fear of touching the third rail of politics. Now that the issue is out, and given that the challenge of unfunded entitlements continues, presidential contenders need to tell us their vision for the future of Social Security.
In so doing, candidates will likely adopt one of three political strategies to position themselves as thoughtful stewards of our retirement, without subjecting their campaigns to risk. Two of the strategies are time-tested. The third is not, but it may offer the best opportunity for victory.See the full content of this document
Extract
Monkeys, Elephants and Statesmen
The first, and most common, strategy is that of the monkey: See no evil, speak no evil. Candidates who adopt this strategy hope other events will crowd out Social Security reform, and they certainly...
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