When Texas Gov. Rick Perry was asked about Social Security during a campaign stop in Ottumwa, Iowa, last weekend, he didn't mince words. He suggested that younger workers who are required to pay into the retirement system are the victims of a government swindle.
"We need to have a conversation with America, just like we're having right here today, and admit that is a Ponzi scheme for these young people," Perry said. "The idea that they're working and paying into Social Security today, the current program, that it's going to be there for them, is a lie."