Three Reasons Social Security Reform Is Unlikely

A few pieces of anti-conventional wisdom gleaned by political scientists help us understand what’s probably going to happen to Social Security in the next few years.

One important thing to note is that think tanks and Commissions are actually rather good at inspiring policy, so perhaps the recent raft of papers calling for Social Security reform will end up mattering. But for now, the cards are stacked against any meaningful change. And now that President Obama has caved on the Bush tax cuts, Social Security reform is now one of two options he has for dealing with the deficit (the other being national defense). As such, it may happen. But if it does, it will require a Herculean effort.

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One Response to “Three Reasons Social Security Reform Is Unlikely”

  1. The Economist Asks: When Will Voters Care About The Deficit? « Casual Factors Says:

    […] I’ve mentioned elsewhere, people don’t really care about the deficit, though, as this article mentions, it is probably […]

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