President Bush's plan to privatize Social Security will be put on hold until the next administration takes office, a leading Social Security historian told to the Daytona Beach News.

Edward Berkowitz, a history professor at the George Washington University said, "Privatization will go away for a while, but then it will come back later, maybe in the second term of the next president. It will be a boomerang."

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.