Financial Times FT.com

Presidential candidates dodge silver tsunami

By Andrew Ward in Washington

Published: October 30 2007 18:43 | Last updated: October 30 2007 18:43

When Tod Bowman, an Iowa school teacher, asked Hillary Clinton about the future of the US Social Security system at a campaign event earlier this month, he could not have imagined that his question would still be reverberating three weeks later. 

Mrs Clinton refused to say whe­ther she would consider in­creasing taxes to keep the pension scheme solvent – an eva­sion that drew sharp criticism from Barack Obama, her rival for the Democratic presidential nomination.

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