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Perry calls Social Security 'monstrous lie'

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Asked by a woman in the crowd about Social Security being viewed as an entitlement program, Perry reiterated that the program amounts to a Ponzi scheme. "It is a Ponzi scheme for these young people. The idea that they're working and paying into Social Security today, that the current program is going to be there for them, is a lie," Perry said. "It is a monstrous lie on this generation, and we can't do that to them."
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Sheila Samples is an Oklahoma writer and a former civilian US Army Public Information Officer. She is a Managing Editor for OpEd News, and a regular contributor for a variety of Internet sites.

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