By Paddy
Via TPM.
McCain told a townhall in Denver on Monday, "Americans have got to understand that. Americans have got to understand that we are paying present-day retirees with the taxes paid by young workers in America today. And that's a disgrace. It's an absolute disgrace and it's got to be fixed."
It's really a disgrace? That's how the system was designed to operate. And it's served as financial bedrock of retirement security in this country for going on a century.
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