Social Security Follies

Published: June 23, 2005

Congressional Republicans have begun talking with top White House aides about an exit strategy - not from Iraq, but from the winless quagmire of President Bush's campaign to privatize Social Security. Mr. Bush has responded to this new political reality by, first, insisting that the American people do not yet understand the virtues of privatization, and second, blaming the failure of his deservedly unpopular plan on Congressional Democrats.