Why Liberals Should Enthusiastically Support Social Security Personal Accounts


Liberals have been suspicious of Social Security personal accounts (aka “privatization”) in part because conservatives proposed the reforms. This is misguided.

I invite them to step back and consider the political economy and the financial economics afresh. If they do, they will likely become enthusiastic supporters of properly-structured Social Security personal accounts.

Publication date: 
December 1, 2007
Publication type: 
Journal Article
Economists' Voice, December 2007