What are they thinking?

Look, it's no secret here that I oppose privatizing Social Security. Because of that, I'm a little leery of giving out this piece of advice to Republicans, but I'm going to do it anyway.

The best way to generate more support for your privatization scheme is not to make it more risky for retirees. And the only ones who would readily agree to give up guaranteed benefit levels in exchange for inheritability are the people who can afford to do so. In other words, there is no benefit for the average working man in your latest proposal.

And how do private accounts that invest in government securities change anything, really? Isn't the government still on the hook for the bill? Isn't this just more smoke and mirrors?

It's almost as if the GOP wants to fail at privatizing Social Security.