Member of the Editorial Board at the Wall Street Journal
Pro to the question "Should Social Security be privatized?"
"...[T]hose who think the recent halving of America's 401(k)s proves the unwisdom of such [private savings] reforms should think again. Today's workers should be so lucky to get a realistic picture of what Social Security and Medicare might pay when they retire. In contrast, their mutual-fund statements are a model of transparent honesty about current expectations of future earnings of American business."
"Can Obama Make Government Solvent?," online.wsj.com, Jan. 21, 2009