Some good sense on Social Security from a knowledgeable Democrat
My old colleague Steve Rattner makes an excellent point in the WaPo:
Let’s not forget that virtually every state and local pension plan — as well as plans for Federal Reserve agencies and other government entities — is invested in assets that Democrats brand as risky. For Social Security, we could limit investments to broad market indices rather than individual stocks or bonds, thereby providing greater safety and eliminating political complications.
Time for the opponents to focus-group test another scare word, I suppose.