November 24, 2006

Ingredients of a 2007 Grand Bargain on Social Security?

The Economist:
So Washington is full of rumours that 2007 will bring a Grand Bargain on social security reform (see Mark Thoma's take here and Vox Baby here). The Bush team's plan is to sound sufficiently conciliatory and open-minded that it becomes impossible for the Democrats not to sit down and talk. That strategy just might succeed. Stonewalling is a plausible political tactic when you are in opposition (though still shamefully shortsighted). It doesn't work so well if you are actually in charge on Capitol Hill, particularly when you announce that retirement security is one of your top legislative priorities.
Posted by James Zellmer at November 24, 2006 10:03 PM | Subscribe to this site via RSS:
Posted to Investing | Politics | Taxes