Notes toward a unified Bush theory. Nor do accusations of heartlessness or intolerance stick to Bush. If they opted for individual accounts, they'd have to give up some of that guarantee, a tradeoff of risk for potential reward. Clearly the terms of that tradeoff are the key to evaluating Bush's plan, but Bush is keeping them to himself.
Many conservative economists advocate just that.
That's the beauty of it. One reason Bush's Social Security plan may save money is that young workers will miscalculate and, when forced to choose, let the allure of private accounts lead them to permanently surrender their full guaranteed benefits. I don't want to push the point too far. To establish a real pattern, as every journalist knows, two examples aren't enough. You need three.