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Oct 26, 2007

Republican Candidates And Social Security

USA Today reports that the American Association of Retired Persons (AARP) held a forum on Social Security's future in Sioux City, Iowa yesterday and invited the Republican Presidential candidates. The only two Republican candidates who showed up were Mike Huckabee and John McCain. By contrast, a similar forum for Democratic candidates sponsored by AARP was attended by all the Democratic Presidential candidates other than Barack Obama.

The AARP Social Security forum for Republicans was notable for Mike Huckabee's proposal to offer retirees the option of a one-time Social Security payout in lieu of monthly benefits. Huckabee stated his opinion that the only reason President Bush's plan for Social Security failed was that people kept talking about "privatizing" Social Security when they should have been talking about "personalized accounts."

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