Last weekend, President Obama pandered for votes by trashing Social Security privatization.
"I'd have thought that debate would've been put to rest once and for all by the financial crisis we've just experienced," Obama said. "(N)o one would want to place bets with Social Security on Wall Street."
Such demagoguery sells. It's probably been poll-tested. Many Americans fear privatizing anything they've come to view as government work. They object to privately managed roads, independent charter schools, private prisons, etc., despite private companies' repeated success at providing better service while lowering costs.
Private retirement accounts seem particularly threatening. Rep. Paul Ryan
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John is one of America's most outspoken proponents of ""GET[TING] CORPORATIONS OUT OF POLITICS." Just read his other columns. There are dozens about the unholy lovechild that is private-public collusion.
Close the candy store and enact a simple tax code that does not permit special favors.