Gore did it to himself

[Bradford DeLong]

>Political considerations were also important. "The economic team was 
>extremely concerned that a Social Security reform plan involving 
>modest individual accounts might lead to total privatization in the 
>long run," the paper says, with officials disagreeing over the best 
>way to reach a bipartisan agreement.
>
>The paper was written by Douglas W. Elmendorf, a deputy assistant 
>treasury secretary; Jeffrey B. Liebman, an aide on the National 
>Economic Council; and David W. Wilcox, an assistant treasury 
>secretary. It will be presented at a conference examining the legacy 
>of Clinton's economic policy.
>
>"The administration really took seriously all the options, including 
>individual accounts," Liebman said yesterday. He said administration 
>officials presented Clinton with four options for revamping Social 
>Security, but the White House was not moving toward diverting some 
>payroll taxes to private accounts, as many Bush officials prefer...

And the point is? Taking all the options seriously is a bad thing?

Brad DeLong