Within these four corners, consensus can be found between Democrats, Republicans and the American people. Our plan was guided by these four corners. If we are not careful, we will run recklessly into massive gridlock between individual accounts versus collective investment. This will make reform in 1999 impossible, and we will have failed in our responsibility to reform Social Security. Gridlock is avoidable.
Experts agree that equity investment has a proper role in a long-term, prudent retirement strategy.
This fundamental economic advice is true at every income level. Equity investment and the magic of compound interest should be available to every American. If not, these individuals will only be pushed further into the fringe of the economy. We are supposed to bring to an individual's doorstep opportunities that our capitalist markets alone will not provide. The goal of Social Security is to provide economic security to those at the bottom of the economic pyramid.