I thought this point was made, but apparently it wasn’t:

Are you and Derb forgetting that the personal accounts being proposed by
Pres. Bush are VOLUNTARY? Slothful folks like Derb won’t have to take
them; they’ll still get their SS check every month. To be clear,
though, I’m with you, Jonah. Freedom isn’t free. Taking care of your
own money is a small price to pay for ownership and a smackdown of
Leviathan. Eyes on the prize, people!
Anyone who has a 401K and “gets it” on an elementary level already
understands the basics of these proposed accounts. They’d probably be
willing to at least take a look and see how much “work” it would be to
manage the SS private account. It sounds like the choice of investments
would be much more limited than most 401Ks, anyway, so folks who are
only mildly averse to putting forth any effort might still find them
palatable.