Reframaing the Social Security Debate
Full Story: FDR's Grandson Protests Soc. Security Ad
The grandson of Franklin Delano Roosevelt on Thursday protested use of FDR's image in a television ad touting President Bush's plan to partially privatize Social Security.
"My grandfather would surely oppose the ideas now being promoted by this administration and your organization," James Roosevelt Jr., wrote in a letter to Progress for America, a private group that supports conservative issues.
The ad, running on Fox News and CNN through January 19, shows FDR signing the legislation creating the Social Security system and refers to the courage needed both to create the system and to protect it.
To compare the courage needed to create Social Security "to the courage it will take to dismantle the most successful social program in history is simply unconscionable," Roosevelt, 70, wrote.
Bush wants to remake Social Security by letting workers divert some of their payroll taxes from the retirement system into personal investment accounts. Critics argue that such a move is too risky and would undermine the system's financial solvency.