He also told the Wall Street Journal this March (2008) that "as part of Social Security reform, I believe that private savings accounts are a part of it - along the lines of what President Bush proposed."
McCain hit the road with President Bush in 2005 to sell the failed and flawed plan. 2005: McCain Campaigned for Bush Social Security Plan. "McCain has been especially supportive of his onetime rival, appearing with Bush at three events over the past two days in trying to prod Democrats into negotiations to include private accounts in a plan to revamp Social Security." [Washington Post, 3/23/05]
TPJ: Just imagine what a mess many Americans would be in if the Congress had passed the privatization of social security benefits. There would have been many who would have invested that money in the stock market as the Bush/McCain people suggested.
If that reform had passed we'd be in a much bigger economic mess than we already face--which is bad enough!! We'd have people who have already lost huge amounts of money in the stock market with not even their social security as a safety net.
Yep. Privatization of social security. Yet another failed Bush/McCain policy. How can we afford another four more years with McCain the Bush clone?
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