Saturday, June 17, 2006

Remember the Social Security Issue?

from Josh Marshall

Congressional Democrats seem to have very short memories. But luckily for them the same isn’t always true for voters.

Eighteen months ago, President Bush launched out on what was intended to be the signature legislative accomplishment of his second term, the cornerstone of his “Ownership Society”: beginning the phase-out of Social Security and replacing it with 401(k)-style private accounts.

The fanfare was deafening. Democrats shook in their boots. And the president stood ready to bend history to his will.

Only it didn’t turn out as planned. After huffing and puffing and stringing the matter along for months, the president finally dropped the whole effort without even putting forward a plan. . .."

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