"Gerald Dwyer of the Federal Reserve Bank of Atlanta has written an excellent overview (available as a 557KB PDF document) of the risks associated with Social Security reform, focusing on the risks to individuals whether the current system reformed to add a personal account option or if the current system is never reformed."
As Political Calculations writes:
"Isn't the opportunity to have true ownership of a portion of one's lifelong contributions from their work combined with the reduction of risk to the individual that comes with diversification reason enough to support having personal retirement accounts within Social Security?"
