Scaring seniors with simple truths. At the Republican presidential debate in Tampa on September 12, Mitt Romney said Rick Perry had needlessly “scared seniors” by calling Social Security “a Ponzi scheme.” Romney, more sensitive to the anxieties of retirees, prefers to say “the American people have been effectively defrauded out of their Social Security” (as he puts it ... MOREJacob Sullum: Is Social Security A Ponzi Scheme?
Scaring seniors with simple truths. At the Republican presidential debate in Tampa on September 12, Mitt Romney said Rick Perry had needlessly “scared seniors” by calling Social Security “a Ponzi scheme.” Romney, more sensitive to the anxieties of retirees, prefers to say “the American people have been effectively defrauded out of their Social Security” (as he puts it ... MORE