The Corner

The Senate Agreement Has Put The Democrats in Quite a Fix

on Social Security that is. Whether this agreement is a bad deal that truly surrenders the constitutional option, or simply a temporary compromise that leaves all possibilities open, the effect will be to make the Democrats’ continued obstruction on Social Security look bad. Have a look at this excellent report from Bloomberg on the Democrats’ political dilemma on Social Security. And remember, this was written before the agreement on judges. Meanwhile, Business Week says we’re surprisingly close to a compromise on Social Security–and outlines the main features of a possible agreement. This scenario will not delight everyone. I certainly find it less than thrilling. But it’s too early to know the exact shape of an agreement. The main point is that a compromise on Social Security is a lot more likely than most people realize.

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