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McCain Offers Top Social Security ‘Privatization’ Advocate As Surrogate

By Guest Contributor on July 28, 2008 at 11:09 am

"McCain Offers Top Social Security ‘Privatization’ Advocate As Surrogate"

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Our guest blogger is Robert Gordon, Senior Fellow at the Center for American Progress Action Fund.

Today, the McCain campaign is putting forward economist Martin Feldstein as a surrogate.

Feldstein is widely acknowledged as the “chief intellectual force behind privatization” of Social Security. That’s Feldstein’s own term. He wrote “The Case for Privatization” and “Privatizing Social Security: The Ten Trillion Dollar Opportunity.”

McCain personally endorsed Bush’s privatization plans as recently as March, but yesterday, he said “there is nothing I would demand” in a Social Security package and even said that tax increases are not “off the table.”

“Social Security privatization may be another example of the McCain campaign’s private agenda — the agenda the campaign keeps to itself.

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