The president is vowing not to privatize Social Security, but to resolve its enormous cash flow problems permanently, he risks angering liberals who believe a solution can wait. Keith Hennessey on his options.
Keith Hennessey is a research fellow at the Hoover Institution and a lecturer at Stanford Business and Law schools. He is also a member of the bipartisan Financial Crisis Inquiry Commission. Mr. Hennessey served as director of the National Economic Council for President George W. Bush. He writes about American economic policy at KeithHennessey.com.