Why IS IT A Controversy?

Texas Gov. Perry called Social Security a “Ponzi scheme” and has been excoriated from BOTH SIDES for it. People who deny that Social Security is a “Ponzi scheme are revealing their own ignorance. Social Security may not STILL be a Ponzi scheme today because of several factors: 1. A Ponzi scheme is VOLUNTARY; SS is NOT. A Ponzi scheme keeps the money paid in to use in paying off later suck . . . er, uh, investors. SS does not. The money paid in by early suck . . . uh, investors was stolen and spent a long time ago. So yes, SS is NO LONGER a “pure” Ponzi scheme. But it still WORKS like one. It takes money paid in by early suck . . . uh, investors and uses it to pay off later suck . . . uh, investors. (Just common sense)