Obama Criticizes McCain on Social Security

Sep 21st, 2008 | By David Harper | Category: Election 2008

The New York Times: Senator Barack Obama delivered an ominous warning to Florida voters on Saturday, suggesting that Senator John McCain would “gamble with your life savings” by investing Social Security money in private accounts that could be affected by the roiling financial markets.

While Mr. McCain has not called for a full privatization of Social Security, he has supported the concept of allowing individuals to invest part of their payroll taxes in stock and bonds, and he has pledged to consider all options to prevent the program from going insolvent.

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