I googled and found this. I think it clears things up a bit for when we talk with kool aid drinkers. We should keep this information out and about in the threads.
http://www.washingtonpost.com/wp-dyn/articles/A31333-2005Jan23.html"But neither Mankiw nor Bolten cited another passage from the same address: "Before we spend a penny on new programs or tax cuts, we should save Social Security first. I think it should be the driving principle . . . Do not have a tax cut. Do not have a spending program that deals with that surplus. Save Social Security first."
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"President Clinton did believe it was better for the country to act early on Social Security by increasing savings and protecting Social Security's guaranteed benefit structure," said Gene B. Sperling, who directed Clinton's National Economic Council during the Social Security push. "Clinton never suggested that the Social Security solvency challenge required radical restructuring."
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An Oct. 22, 2001, memo from Treasury economic policy aide Kent Smetters to O'Neill said Moynihan backed a Social Security restructuring plan that would layer small personal investment accounts on top of the existing Social Security system rather than diverting taxes from the system. Under the Moynihan approach, individuals could contribute an additional 1 percent of their earnings into an investment account, which would then be matched by the federal government from general tax revenue.
That "add-on" approach has become mainstream policy for the Democratic Party, but it is a major departure from the approach Bush has embraced."