April 3, 2008

THE SAMER THE BETTER:

He's 'McSame' on Social Security, Too (Joe Conason, 4/03/08, Real Clear Politics)

The most puzzling aspect of John McCain's political persona is his habitual attraction to George W. Bush's bad ideas. Their shared enthusiasm for invading Iraq and then escalating the war is why "McSame" will soon become the new shorthand for the Arizona Republican, replacing "maverick" -- but that isn't the only reason. He doesn't just endorse the disastrous foreign policy initiatives; he loves the failed domestic policy schemes, too.

Specifically, McCain is a longtime supporter of President Bush's Social Security privatization initiative, last seen descending into oblivion only months after its introduction in 2005. He played a cameo role in the promotion of that notion (which never became an actual plan or bill in Congress) when the White House trotted him in for one of the President's staged public "conversations" on the subject. Back then his pleas for everyone to sit down and negotiate the surrender of Social Security to Wall Street were universally ignored, yet that scarcely seems to have discouraged him.

Actually, McCain supported Social Security privatization before it was uncool, when he first ran for president eight years ago.


This will be the third straight presidential campaign the GOP wins running on an issue the American people support but elites oppose...though they have 401ks for themselves at work. It's only the unwashed masses they'd deny wealth creation.

Posted by Orrin Judd at April 3, 2008 1:32 PM
Comments

I've never understood why this isn't a slam-dunk issue. Just make a plot showing the amount of money a worker would have if he started in say 1950 and put his SS taxes into an index fund, compared to how much he currently gets from SS (heck, do it for EVERY year so that people can see that you don't have to be a "lucky" age for this to be an infinitely better way to fund your retirement). What's so hard about that?

Posted by: b at April 3, 2008 1:57 PM

Because resistance is not based on a rational man responding to a rational market - it is based on emotion and that emotion is fear: the fear of destroying your last safety net just when you need it.

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McSame? How about 'Old Reliable'?

Posted by: Mikey [TypeKey Profile Page] at April 3, 2008 3:22 PM
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