Report: A 2008 retiree would have lost $26,000 under Bush-McCain style privatized Social Security.

A new Wonk Room analysis finds that that a retiree with a private Social Security account invested in stocks — along the lines of the plan envisioned by President Bush and supported by John McCain in 2005 — would have lost approximately $26,000 if he or she had retired on Oct. 1, 2008, after 35 years of contributions to such an account:

More details here.