I hope both Sharron Angle and Rand Paul pull out their Senate races. But I also hope Republicans learn the true lessons from Obama. Americans do not like politicians who use genuine crises to push unrelated ideological agendas, right or left.
You can get a chunk of Americans to say they support privatization. But the people who vote on Social Security are going to be the people who depend on it, and they do not favor dramatic change.
The underlying trends are bad for privatization. An April 2010 Gallup Poll shows a new high of non-retired Americans (34 percent) expect Social Security to be a major source of retirement income, as equity in homes and IRA investment portfolios drop. Meanwhile the number of non-retirees in a July Gallup Poll who believe Social Security won’t be there when they retire has soared to 60 percent. Seventy-eight percent of Americans believe Social Security is either “in crisis” or has a “major problem.”
Joe Biden is licking his chops.
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