Yesterday on CNN John McCain reiterated his bold position on social security that he first espoused at a town hall meeting on Monday. McCain called the entire program a “disgrace” and called for its absolution. According to McCain, “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 gotta be fixed.”
I applaud John McCain not only for taking a bold stance against the present form of social security where the young pay for the cushy retirements of the old, but for running for President at 71 as a way of financing his old golden years. As I have pointed out elsewhere, only Barack Obama could successfully repeal the civil rights act and likewise only John McCain may have the credibility to end social security.
So if the elderly don’t have their retirement financed by the young workers of this country who should foot the bill? The answer is the elderly themselves. Many of our biggest employers in this company from Walmart to McDonalds to Burger King hire and value older workers. For the more educated seniors there is always consulting work or running for public office. It is about time a Presidential candidate had the courage to confront this entitlement program.