Tuesday, May 31, 2005

More Polling Data Shows Support for SS Reform

Most likely voters continue to support President Bush's proposal to let younger workers invest some of their Social Security payroll taxes through personal accounts, a new survey finds.

The poll by independent pollster John Zogby for the Cato Institute, which is being released today, found that when voters understood the benefits of personal investment accounts, including a better financial rate of return than the current system, the Bush plan was supported by 52 percent of Americans and opposed by 40 percent.

'The survey also contained a warning for the Democrats about how their opposition to any reform of the Social Security system is playing with the electorate. "By an overwhelming 70-22 percent margin, voters believe that opponents of President Bush's proposals for Social Security reform have an obligation to put out their own plan for reforming the program," including 55 percent of Democratic voters, Mr. Zogby said in a report of his findings."

In other words, rank obstructionism is going to carry a price....

No comments: