I support partial privatization.
Partial privatization would allow a portion (e.g., 50%) of an individual's social security contributions to be invested in managed funds. The other 50% could continue to be handled as it is currently. This strikes a balance between the overriding policy objective of providing a baseline level of social insurance for retirement while still allowing a portion of the fund to potentially earn higher revenues. Moreover, with implementation of a Fair Tax system we would receive the additional benefit of an incentive toward savings which further reduces the social insurance risk associated with privatization. My position (50% partial privatization) would cut the short term privatization cost to the government in half while securing the solvency of our social security trust fund for many decades to come.
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