ASPIRE Act/KIDS Accounts: Latest Articles

The onset of a debate over Social Security's future offers Democrats a chance to articulate what they're for -- not just what they're against. President Bush has provided them an opening. He's laid out a rhetorical message that works -- the Ownership Society -- but has failed to provide the means to make it happen. The reason it works is that it evokes the most promising path to security: being able to save, invest and build up a reserve of… more

Prime Minister Tony Blair of Britain came to Washington last week to bolster President Bush against his critics on Iraq. Let's hope the two leaders found a moment to discuss domestic policy as well -- particularly Mr. Blair's effort to give every child a stake in Britain's economic future.

Each British baby born after last Sept. 1 will receive a trust fund worth at least $400, and up to $800 for the poorest one-third of children. The government will make smaller… more

Throughout our history, periods of unbounded market exuberance, like the one we recently experienced, have been followed by periods of far-reaching social and economic reform. The Gilded Age of the late nineteenth century gave way to the Populist and Progressive reforms of the early twentieth century, the Roaring Twenties to the New Deal, and the Eisenhower-Kennedy Nifty-Fifty bull market to the Great Society and the War on Poverty. From this cycle of great wealth creation (and abuse) followed by great… more