Thursday, September 18, 2008

still like the idea of privatizing social security? mccain does

Markets in disarray.  Steven Pearlstein writes, What we are witnessing is the greates destruction of financial wealth that the world has ever seen...

And it isn't over.  Despite John McCain thinking the fundamentals of the economy are strong, there are real problems.

And just imagine if Bush had had his way and Social Security had been privatized - placed into accounts run by Wall Street financial "experts."  And yet, John McCain still thinks privatizing Social Security would be a good idea.

Proving what McCain said earlier - that he doesn't really get economics.

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Blogger Black Political Analysis said...

Good point. Certainly makes us rethink of tying people's retirement security to the whims of the market.

12:42 PM  

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