Fundamental Question on Social Security reform

Investor's Business Daily:

Returning to our question above - what kind of people do we want to be? - we see two distinct answers on the table. Social Security without reform would tax away the rewards of work and saving, and Americans would gradually come to learn not to work so hard or to save at all. Private accounts would teach another kind of lesson: Individuals, not government, are responsible for their own future. They would work, save and continue the remarkable American story.

I think that is a pretty fair characterization of the fundamental argument here.