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Retiring, McCain-Style

By Matthew Yglesias

"Retiring, McCain-Style"

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Though he’s now coy, John McCain has pretty consistently supported privatizing Social Security at least since his 2000 presidential campaign. So Ben Furnas got the smart idea of making a graph showing what’s happened to the Dow since McCain unveiled his plan “to shore up Social Security through the establishment of individual investment accounts.”

mccain_dow.gif

Long story short, you lose eight percent in nominal terms.

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