McCain's been making a lot of hot air of late about the "disgrace" that is the Social Security system in America. That workers today pay the benefits of retirees seems to strike him as patently unfair and unacceptable. nevermind the fact that the system has ALWAYS worked that way. Who does he think paid for the very first retiree's benefits?
But now we find that the old coot has been collecting his own benefits. In 2007, McCain received $23,157 in benefits from Social Security, despite his claim that the system is "broken," according to the San Francisco Business Times. That's $1,390 a month to a sitting US Senator and benefactor of his wife's multi-million dollar beer business. In 2006, McCain's wife Cindy earned $6 million, and has a net worth of approximately $100 million. The guy flies on a PRIVATE JET, for heaven's sake!
So, will McCain return this "disgraceful" money? Don't count on it, but it does raise the idea of a means test for retirees. Social Security is meant to be a safety net, not a retirement plan. I think it's disgraceful that multi-millionaires apply for and then receive Social Security benefits. Put a cap on that nonsense.