No profit, therefore no crisis 
In 2004, the media informed us that there was a social security crisis, that social security will face a serious shortfall in 40 or more years. President Bush's "solution" was privatization, converting a portion of social security to private accounts that would be invested in the stock market. This would, of course, mean enormous profits for stock brokers and investment companies, major contributors to the Bush-Cheney presidential campaigns.
Bush's proposal went nowhere and was quietly dropped. Now, four years later, the media no longer mentions the social security crisis.
Maybe this is because President Bush is no longer pushing a privatization "solution." In other words, if there is no profit to be made, there is no crisis.
KEYWORDS: social security, privatization
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