Thursday, July 10, 2008

McCain on Social Security

Senator McCain said this yesterday "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."

Americans should surely understand this about the system because it is the way it was designed to work and it has always been so. It is not a disgrace (absolute or otherwise). It is rational, compassionate and sensible. There is no other way to have Social Security exist. The social part of it is key here. It is socialistic. It is not a savings program. It never was and it never should be.