http://www.washingtonpost.com/wp-dyn/articles/A35231-2005Mar14.htmlThree months after President Bush launched his drive to restructure Social Security by creating private investment accounts, public support for his program remains weak, with only 35 percent of Americans now saying they approve of his handling of the issue, according to a new Washington Post-ABC News poll.
While the White House has helped convince more than two-thirds of those polled that Social Security is heading for a crisis or possible bankruptcy without change, 56 percent disapprove of his approach, a survey of 1,001 adults conducted March 10-13 shows. By comparison, 38 percent approved of his handling of the issue and 52 percent disapproved of it in mid-December.
Moreover, 58 percent of those polled this time said the more they hear about Bush's plan, the less they like it. The latest polling, combined with detailed interviews last week, shows that Bush's drive to significantly alter the 70-year-old national insurance program has run into significant hurdles with every age cohort.
A majority of elderly voters have turned against the plan for private accounts, even though the White House has assured them it would have no impact on their Social Security benefits. Younger workers, who have the most to gain, also tend to be the most difficult to mobilize, according to interviews. And many middle-aged workers are faced with the reality that there would not be enough time before their retirement to gain much financial benefit from the new approach.