Mr. Cafferty has been slowly losing any credibility with me as much of CNN has. There reporter from Iraq that has nothing good to say about Iraq ever, no matter what is another prime example.
Reacting to some comment of McCain(I didn't hear it), Cafferty explain that young people pay for the social security of the retired workers, thats the way it work and always has. McCain should know that.
It may be the case that it is how it works but,
If i may.. THATS NOT THE WAY ITS SUPPOSED TO WORK!
The way it works now it is social redistribution of wealth. Socialist crap!
Watching the hole thing now McCain is wright.
If the government had put the money collected from the baby boomers in savings as it where, social security would be just fine now and maybe we could phase it out. Would the Dollar be in the tank if we has all of that money sitting there?
There was another comment by some pundit some months ago. In which they said social security could only be fixed when the checks stop going out.
What kind of defeatist Alice in Wonderland world do we live in.