Private Accounts:If Past Is Prologue

摘要

President Bush's social security struggles bring back painful memories for Gene Sperling,longtime chair of Bill Clinton's National Economic Council.Like the "Clinton care" health reform of 1993,Bush's ambitious plan to create private accounts has grown less popular as Americans learn more about it.Clinton's complicated proposal eventually drifted to the bottom after party members abandoned the sinking ship.The lesson,says Sperling:"Passing major reform becomes more and more difficult when you fill in the details."