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[Opinion]

Excerpt: The president's determination to partially privatize Social Security stems from ideological reasons. But in fact the projected Social Security deficit is small enough -- 1.89 percent of payroll, under the Social Security trustees' intermediate assumptions (neither optimistic nor pessimistic) -- that a major revision to the system is not necessary. The deficit can be remedied with a few discrete changes in the program, all of which are surprisingly easy to understand and accept.
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