comScore
video

Rick Perry Calls Social Security A ‘Monstrous Lie’ And ‘A Ponzi Scheme’

The tortured relationship between so-called government funded “entitlements” and the fiscal responsibility espoused by current GOP presidential hopefuls continues. Texas Governor Rick Perry was campaigning in Iowa this weekend and reiterated the thoughts he had espoused on social security in his book Fed Up, which has Perry explaining his rhetoric in a completely different light, now that he is the GOP front runner.

According to Politico, Perry said the following while campaigning in Iowa this weekend:

“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.”

Later, in Des Moines, when a reporter asked about the suggestion that his campaign was backing off some positions in the staunch states-rights book, Perry said, “I haven’t backed off anything in my book. So read the book again and get it right.”

Watch the comments made by Perry below, courtesy of MSNBC:

Have a tip we should know? tips@mediaite.com

Filed Under:
  1. Mediaite
  2. The Mary Sue
  3. RunwayRiot
  4. Law & Crime
  5. SportsGrid
  6. AmboTV
  7. Gossip Cop