Oregon And The Third Rail S ocial Security has long been known as the ''third rail'' of American politics.
Politicians are afraid to touch it, even though they know a crisis is coming.
But there's a new hope for reform - and it isn't to be found in Washington. The Oregon state legislature passed a resolution earlier this month asking Congress to let the state opt out of Social Security. The details of this proposal have yet to be worked out, but it holds the promise of bold reform. Such reform could help Americans avoid the huge taxes that will be needed to fund the current Social Security system. And it could provide better returns for those workers who opt out of Social Security.