"I believe that we should allow younger workers to contribute toward a personal account that they own, as long as it is coupled with deficit reduction measures that enhance the long-term condition of Social Security"
About this Quote
The specific intent is triangulation. In the early-2000s fight over Social Security reform, privatization read to many voters as a threat to a guaranteed benefit and to others as overdue modernization. Stearns threads the needle by directing the reform toward “younger workers,” a demographic less politically volatile than seniors and more plausibly pitched on long-term gains. “Allow” also matters: it implies choice, not coercion, even though system redesigns rarely stay optional for long.
The subtext is that ownership is the moral argument and deficit reduction is the permission slip. By invoking “long-term condition,” he shifts the debate from immediate distributional pain to an actuarial horizon where hard tradeoffs can be sold as inevitability. It’s a classic Washington move: wrap an ideological preference (individual accounts, reduced collective obligation) in the language of stewardship. The phrase “enhance” is doing quiet work too - it promises improvement without admitting what gets cut, raised, or risk-shifted to make the numbers “enhanced” on paper.
Quote Details
| Topic | Investment |
|---|---|
| Source | Help us find the source |
| Cite |
Citation Formats
APA Style (7th ed.)
Stearns, Cliff. (2026, January 15). I believe that we should allow younger workers to contribute toward a personal account that they own, as long as it is coupled with deficit reduction measures that enhance the long-term condition of Social Security. FixQuotes. https://fixquotes.com/quotes/i-believe-that-we-should-allow-younger-workers-to-143373/
Chicago Style
Stearns, Cliff. "I believe that we should allow younger workers to contribute toward a personal account that they own, as long as it is coupled with deficit reduction measures that enhance the long-term condition of Social Security." FixQuotes. January 15, 2026. https://fixquotes.com/quotes/i-believe-that-we-should-allow-younger-workers-to-143373/.
MLA Style (9th ed.)
"I believe that we should allow younger workers to contribute toward a personal account that they own, as long as it is coupled with deficit reduction measures that enhance the long-term condition of Social Security." FixQuotes, 15 Jan. 2026, https://fixquotes.com/quotes/i-believe-that-we-should-allow-younger-workers-to-143373/. Accessed 12 Feb. 2026.