Statement by AFL-CIO President John Sweeney on Sen. McCain's Embrace of Failed Bush Social Security Plan

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March 04, 2008 -- While working families across the country are focused on turning around America after seven years of failed economic policy under President Bush, it seems Sen. McCain is stuck in a time warp.

Just yesterday, the Wall Street Journal reported Sen. McCain favors taking another stab at Bush’s failed plan to privatize Social Security funds, even though working families roundly rejected plans to risk their Social Security checks on privatization schemes.

Sen. McCain’s proposal to gamble with Social Security is evidence that he’s dangerously out of touch with working people's everyday lives. Sen. McCain’s Social Security privatization scheme was a bad deal for America’s workers when he pushed it in 2000 and it’s an even worse deal now. Working families need fresh vision and a new economic direction, not more of the same failed Bush-McCain economic agenda.

Source: AFL-CIO


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