WSJ.com - Social Security Reforms: Necessary or Not?

A very good blog-off concerning Social Security reform, which I think will be the defining issue of this next Bush presidency. If he achieves it then conservatives will have made the right decision selling all their political chips to get him in for the next four years, but if he fails he will be more remembered as a failure on domestic issues.

We can either adjust our promises to a sustainable path or just “wait and see.” If we “wait and see,” then we make it more difficult for individuals to plan today. For example, former Clinton administration Treasury expert Brad DeLong recently suggested gradually raising the retirement age, which I think ought to be an option to put on the table. However, people in their late 40s and their early 50s need to know now if their retirement age is going to have to be raised. You cannot wait 15 years to spring the news on them. - Arnold Kling

I think this needs to be a part of true reform, because even with private accounts we need to wean people off of depending on the government for their savings. The fact we have made most Americans dependent on the government for their survival is disgraceful and is the true moral attrocity missed out on.