The first cut is the deepest

I referenced this below, but thought it should merit its own post in case you missed it.

The money you earn from your private account is not all yours to keep. You must purchase an annuity that will keep you earning above the poverty wage for your projected life span. So now you must not only earn back the initial cut to Social Security that will take place if the Bush plan goes through, but the money you "borrow" from the account, the projected 3% growth that you would have gotten anyway, and enough money to keep you above projected poverty lines.

I imagine you could argue that the first three hurdles you would overcome would more than make up for the fourth, and there I lack the knowledge to argue with them. But it sounds more and more daunting as the days go by.