Sen Obama response to Fred Thompson's Social Security plan

“I believe that Social Security is a fundamental promise that America makes with our seniors, and Senator Thompson’s plan would seriously undermine that promise. George Bush already tried to privatize Social Security, and the American people soundly rejected his plan.  The way to strengthen Social Security is not to slash benefits, raise the retirement age, or subject people’s retirement to the whims of the stock market.  If we simply ask higher income Americans to contribute a little more, we can shore up Social Security for generations to come,” said Barack Obama.