Obama Ad Hits McCain on Social Security

Barack Obama has a new ad criticizing John McCain for his support for adding personal retirement accounts to Social Security – an effective attack given the backdrop of the past several weeks. Take a look:

The claim 'cutting benefits in half' is a big stretch. President Bush's proposal for 'progressive indexing' would have addressed about half the long-term deficit – that's a lot different than cutting benefits in half. But we're in an election year so these kinds of claims by either side shouldn't be all that surprising.