Quote:
Originally Posted by buggyone
Didn't Wannabee Rick Perry call Social Security a Ponzi Scheme and other Wannabees jump on that bandwagon?
Social Security is poised for a 3% increase in benefits in 2012.
Dale, you have to remember these GNopers are all NIMBYs. They are all for government cuts but do not want it to happen to them. Hence, Not In My Back Yard.
|
SS is a Ponzi scheme by simple definition. There is no denying that even if the term is offensive to the easily offended.
Rick Perry also theorized in his book that the implementation of SS was unconstitutional. That's his opinion, but he hasn't challenged the established system and admits it's here to stay. He believes like most all Republicans, and even more Democrats than will admit it, that the current system needs serious adjustments in eligibility requirements in order to remain viable in the future.
No Republican legislator has called for the "abolishment" of Social Security. If one has, I would love to see the link.