Social Security: Ponzi scheme isn’t the problem

posted by
September 18, 2011
A Passion for Liberty
by Tibor R. Machan  
Posted in Commentary

"When Republican candidate Rick Perry called the social security system a Ponzi scheme, a bunch of his critics, even fellow Republicans, expressed shock. Their ire, however, is misplaced. But the Republicans have no more leverage with pointing out that social security is mandatory than would the Democrats. Republicans and Democrats -- indeed all political parties other than the Libertarians -- favor extorting funds from the citizenry, only for different purposes." (09/16/11)  

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