Do Democrats support personal accounts?
In today’s bitter partisan atmosphere, attitudes toward Social Security reform often get caught up in politics. But Social Security is far too important to rely on politics as usual. This issue concerns future of our children and grandchildren, not whether or not you like President Bush. Over the years, many prominent Democrats have supported personal accounts as part of Social Security reform. They include the late senator Daniel Patrick Moynihan, as well as former senators Robert Kerry and Chuck Robb and former congressmen Tim Penny and Charlie Stenholm. Even former president Clinton had this to say about Social Security reform: If you don’t like privatizing Social Security, and I don’t like it very much, but you want to do something to try to increase the rate of return, what are your options? Well one thing you could do is to give people one or two percent of the payroll tax, with the same options that Federal employees have with their retirement accounts; where you have three mutu
