Remember that nasty fight over Social Security a couple of years ago? President Bush wanted to privatize part of the existing program by cutting the guaranteed benefit and giving people private accounts. This provoked large amounts of opposition by supporters of the current program.
Well, Marketplace Radio gave Glenn Hubbard, formerly President Bush's top economic advisor, an opportunity to lay out a plan to move beyond this narrow conflict. Mr. Hubbard suggested that we cut Social Security benefits and give people private accounts outside of the Social Security program.
Now, doesn't that make sense? Can't we move beyond the political nastiness of two years ago and embrace this reasonable solution?
( How can NPR keep promoting this garbage with our tax dollars? Where is Newt Gingrich when we need him?)
If you enjoyed this article, please consider making a tax-deductible donation today. For over 30 years, The American Prospect has delivered independent reporting that exposes corporate power, investigates political corruption, and analyzes threats to our democracy. Unlike many media outlets, we’re not owned by billionaires or corporations—we’re powered by readers like you.
Today’s independent journalism faces unprecedented challenges. Your support makes our reporting possible and keeps our work free and accessible to all. Whether it’s $5 or $50, every contribution helps sustain our nonprofit newsroom.
Join our community of supporters and make a donation today to help keep independent journalism thriving.
Copyright 2025 | The American Prospect, Inc. | All Rights Reserved