This is the Cato Daily Podcast for Tuesday, March 11, 2008.

I'm Caleb Brown.

Where are Republicans going wrong on Social Security and immigration?

Former U.S. House Majority Leader Dick Army,

now Chairman of Freedom Works,

says what helped Republicans win the day in 1980

and beyond is the solution that will work today,

personal ownership and individual liberty.

Mr. Army visited the Cato Institute last week.

A few years ago, Ed Crane, the beloved founder of the Catoato Institute, wrote an open memo to Carl Rove,

which I believe was in the Washington Post, the Wall Street Journal,

and who's basically saying that President Bush had, was beginning to lose this debate over private accounts in Social Security

because he was getting bogged down in transition costs and details and should have focused

more on the ownership issue.

Is that, in your opinion, a winnable issue for candidates down the road?

Oh, it is.

One thing that just frustrates me to tears about the Republican Party is they see an issue which is the biggest public policy issue of our generation that is heartfelt by voters across the country,

particularly young professional voters, their right to secure their own

retirement in a manner that they can take with some confidence that in fact there

will be something there for me when I retire because I'm managing it myself and I'm free

to choose. This is the biggest winning issue for

Republicans since Moby Dick was a minnow and they don't have the sense to see it

...