John McCain: Social Security "A Disgrace"

Here's the shocking (and revealing) quote, with video:

“Americans have got to understand that we are paying present-day retirees with the taxes paid by young workers in America today. And that’s a disgrace. It’s an absolute disgrace, and it’s got to be fixed.”

There's so much wrong with this, it's hard to know where to even begin. The Carpetbagger has a good collection of thoughts on how radical McCain's statement really is. It's not some gaffe, either -- this is what he really thinks. McCain's solution, though he won't admit it anymore because it polls so poorly, is not only to "privatize" (his former word for it) Social Security, but to also dramatically cut benefits like President Bush unsuccessfully tried to do in early 2005.

What John McCain describes as a "disgrace" is, in fact, the very idea of how Social Security works. As the MoJo blog put it, “McCain is saying, again, that the problem with Social Security is that Social Security is Social Security, instead of something else.”

This isn't a fix; this is a radical proposal to privatize the entire system.

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