This sounds like good advice:
The presidents role - at the Inauguration and the State of the Union address and after - will be to educate the country about the problem and lay out some parameters. He doesnt need to say what the legislation should look like. Thats too wonky. He should talk about what the country should look like. Social Security is more than accounting; its values.
Here are some of the values he might endorse:
First, Social Security reform should liberate our kids, not shackle them. It should eliminate the fiscal overhang so they have the money to tackle the problems that will arise in their own day.
Second, the reform should be transparent, so that people can see what kind of return they are getting on the money they put into the system. People should have information about their own lives.
Third, it should enhance peoples control over their own retirement. In a self-governing democracy, citizens should do for themselves what they can do for themselves.
Fourth, people should be encouraged to work longer. In an age in which many live into their 90s, we should be making better use of people in their 70s and 80s.
Fifth, we need a savings revolution. The plan should encourage the nation to save more, to create more capital for Americas future greatness.
This is a time to trust the legislative process. Social Security has a better chance of passage if Congress leads. Its also time to think big. Social Security reform plus tax reform go a long way toward getting you to an ownership society.
Read the whole thing.
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