While it is doubtful that rick perry will completely eliminate social security if he is nominated the gop presidential candidate and goes all the way to white house, it is fairly certain that he would implement a number of drastic changes to ensure the social security of future generations. Perry calls social security the best example of new dealera programs that violently tossed aside any respect for our founding. When rick perry, the governor of texas and a presidential hopeful, debates his rivals, his assertions on climate change, social security and health care could put him to the test. Our fight to save america from washington that social security was an illegal ponzi scheme. Rick perry found himself on the defensive in a republican presidential debate here monday night, pilloried for suggesting that states should take over social security.
Social security by definition is a ponzi scheme that even master swindler charles ponzi would feel badly about, texas gov. Just ask rick perry, who got a taste of highvoltage current monday as he was forced to. Perrys description of social security as a ponzi scheme was impolitic, but he has a legitimate point about the programs funding imbalance. Our fight to save america from washington, the texas governor called social security a. Rick perry, the republican presidential frontrunner, has tried to walk back his more incendiary. Perry is suddenly less fed up over social security. Democratic candidate bill white used the excerpts to criticize perry, particularly a passage where perry compared social security to a ponzi scheme. How privatized social security works in galveston the new. The tampa tribune posts a flier that the mitt romney campaign is distributing in florida, attacking rick perry as reckless and wrong on social security. Rick perry s description of social security as a ponzi scheme. Rick perry newsweek interview on federalism, medicare, and.
Our fight to save america from washington is a 2010 political non fiction book authored by then governor of texas rick perry. Rick perry has repeatedly called social security a ponzi scheme and said that people ought to control their own retirement money. Rick perrys promising presidential campaign may be haunted by a ghost, the ghost of barry goldwater. Rick perry says social security is a monstrous lie for younger americans. The governor has officially retired as a state employee, but gets to keep working as texas governor. Rick perry newsweek interview on federalism, medicare, and 2012 race. Rick perry is an american politician who served as the 47th governor of texas from 2000 to 2015. Social security is a ponzi scheme realclearpolitics.
Rick perry stands by calling social security a ponzi scheme. If youre at least remotely following the 2012 republican presidential campaign, you know by now that last year rick perry wrote in fed up. Mitchell zuckoff, a boston university journalism professor who has written a book on ponzi, noted three critical. Tea partiers ask, what does rick perry s book really say about social security. The issue in the book fed up, governor, as you say that by any measure, social security is a failure you cant say that. He dismissed social security as a new deal relic that smacked of socialism. James richard rick perry born march 4, 1950 is an american politician who served as the 14th united states secretary of energy from 2017 to 2019. How privatized social security works in galveston the. Mitt romney said in the debate, in writing his book, gov. The republican chairman of the house budget committee on tuesday drew fire from democrats for backing texas gov. Rick perry and former massachusetts governor mitt romney. Rick perry still conflicted on social security sep.
Perry calls social security bankrupt ponzi scheme san. It was released shortly after perry s reelection to a third term as governor. Perry pointed out that in his view that social security is unconstitutional, that this is not something the federal government. Tonights debate is all about rick perry and social security.
Rick perry was the first to admit that his views on a host of hotbutton political issues from letting states legalize marijuana and samesex marriage to describing social security as a. His characterization of social security as a ponzi scheme captured the medias attention, hurt his standing in the polls, and provided an opening for his republican challengers. Why rick perry could win on social security the atlantic. Biden discounts perrys ponzi scheme remark on social security. Aug 22, 2011 as widely discussed, rick perry wrote a book, published last november, in which he argued that the program is unconstitutional, a ponzi scheme, and a crumbling monument to the failure of the new deal. I say admirably because the admiration is embedded in the ink. With social security sure to come up again at monday nights republican presidential debate, rick perry set the stage with an oped in usa today that, er, contextualizes his recent descriptions of social security as a ponzi scheme and a failure. Rick perry, social security, and the ghost of barry goldwater. Other politicians rick perry and senator ted cruz called social security a ponzi scheme. Rick perrys description of social security as a ponzi scheme. Perry s description of social security as a ponzi scheme was impolitic, but he has a legitimate point about the programs funding imbalance. The bigger problem is his fundamental hostility to the notion of a federal role in retirement security or, more broadly, a federal role in much of anything beside national defense.
In his 12minute speech at augies barbed wire smokehouse barbque. But, as we wrote, perry s book doesnt propose any changes to social security. Perry retires to boost pension pay the texas tribune. A member of the republican party, he previously served as the 47th governor of texas from 2000 to 2015, having been elected lieutenant governor of texas in 1998 and later assuming the office from george w. Social security was one of the issues during wednesday nights republican debate in a book published last year, perry argued that the retirement safety net violated states rights, and he suggested that the program had problems from its inception in the 1930s. Yes, he will have to clean up his language a bithe has been calling the program a ponzi schemebut his message underscoring. Perry has previously taken a hardline stance against social security. Drawing the most attention for perry are his comments on social security. Perry has suggested social security is unconstitutional and should be turned over to the states.
I want to fix social security campaign photo texas governor rick perry raised more than a few eyebrows at last weeks republican. Rick perry no stranger to controversial views the texas tribune. Nov 09, 2010 perry calls social security bankrupt ponzi scheme gov. In writing his book, governor perry pointed out that in his view that social security is unconstitutional, that this is not something the federal government ought to be involved in, that instead it should be given back to the states. Rick perrys lovehate relationship with social security. Rick perry still conflicted on social security new york cnnmoney social security is still the third rail of american politics. Aug 30, 2011 new york cnnmoney rick perry is not a fan of social security or is he. Gop candidate rick perry continued his assault on the washington establishment saturday when he told a crowd in iowa that social security is a ponzi scheme and a monstrous lie for young people. Sep 07, 2011 in spite of warnings from his fellow republicans that calling social security a ponzi scheme would be polarizing in the presidential contest, presidential candidate and texas gov.
Rick perry has gone further, saying that social security is a ponzi. Gop candidates go after perry in tea party debate the. Like goldwater, perry retreated from his initial attack on. Rick perry says social security is a ponzi scheme and a. In the debate he repeated previous remarks from his book and called the program a ponzi scheme and a monstrous lie. Rick perry was against social security before he was for. I would suggest a legitimate conversation about letting the states keep their money and implement the programs, he said of social security, medicare and medicai. Rick perry s promising presidential campaign may be haunted by a ghost, the ghost of barry goldwater. Our fight to save america from washington that social security was an illegal ponzi scheme after perry joined the battle, pundits began picking through his book, examining how many things that the texas governor believes are illegal and. Rick perry spoke with andrew romano, including ideas to scrap social security and medicare. One of the most talkedabout comments from the sept. Sep, 2011 new york cnnmoney social security is still the third rail of american politics. After the books release and perrys victory in the election, he embarked on a nationwide tour to promote the book, appearing on such shows as the today show, fox and friends, npr, glenn beck s radio show and the daily show.
Rick perry said sunday, arguing that the federal government should turn. Politifact rick perry says social security is a ponzi scheme. Washington texas governor and republican presidential candidate rick perry recently walked back his claims that social security is a ponzi scheme, but other republicans have made similar statements in recent months, saying the entitlement program is a scheme to take money from the american people. When rick perry, the governor of texas and a presidential hopeful, debates his rivals, his assertions on climate change, social security and. Tea partiers ask, what does rick perrys book really say about social security. Perry pointed out that in his view that social security is unconstitutional, that this is not something the federal government ought to be involved in. In florida, romney belittles perry on social security. Visualizing rick perrys book, fed up the texas tribune. His favorite term for social security ponzi scheme only appears twice. The establishment media and political opponents have made much of texas governor rick perry s book. Rick perry, social security, and the ghost of barry. Rick perry stopped in san antonio tuesday to tout his new book and take aim at the federal government. Rick perry says social security is a ponzi scheme politifact.
The low hanging fruit in his book, perry wrote that individuals would have done better if allowed to invest savings on their own, rather than entrusting the money to the. Aug 29, 2011 in his 2010 book fed up, rick perry, who probably wasnt thinking seriously about running for president at the time, called social security a ponzi scheme and declared that it was. It has since fueled a fire among the republican presidential hopefuls, with many of them coming out against perry s comment and trying to position themselves as pro social security candidates. The texas governor and 2012 presidential candidate wrote in his 2010 book fed up. Perry called for radical changes to the safety net program, although he lacked specifics. Social security was unconstitutional, but dont take it away romney. The strategist agrees social security has problems. He was a candidate for the nomination of the republican party for president of the united states in 2012 and 2016, and currently serves as the united states secretary of energy. Rick perrys blunt views in books get new scrutiny as he.
Paul ryan and house republicans would destroy medicare by turning it into a subsidy for insurers. Just nine months ago, he published a book arguing that social security and medicare are unconstitutional, only to learn that opposing the nations two most popular and. Aug 29, 2011 perry has been no stranger to controversial remarks about the retirement program. Social security cant, by law, add to the federal deficit. Rick perry was against social security before he was for it. Sep 12, 2011 today, perry s comments on social security feel a lot like that. That conversation is, in effect, about how to end them. Rick perry stands by calling social security a ponzi scheme cbs. Rick perry says social security is ponzi scheme the. In spite of warnings from his fellow republicans that calling social security a ponzi scheme would be polarizing in the presidential contest, presidential candidate and texas gov. Rick perrys book a treasure trove for foes maggie haberman. Mitt romney hits rick perry again on social security the.
In his 2010 book fed up, rick perry, who probably wasnt thinking seriously about running for president at the time, called social security a ponzi scheme and declared that it was. Employees in those plans are reaping the benefits, perry says in his 2010 book. Perry called for radical changes to the safety net program, although he. Rick perrys blunt views in books get new scrutiny as he joins. Perry revives social security ponzi scheme rhetoric back before texas gov. In particular, perry attacked social security in the book, suggesting it was unconstitutional and should be. Aug 30, 2011 social security is an example of the federal governments overreach and a benefit clearly intended to be a permanent fixture of the entitlement state, he wrote and perry often resorts to. In his recent book, fed up, perry called social security a ponzi scheme and said it was created at the expense of respect for the constitution and limited government. This morning on abc, karl rove said rick perry s extreme views on social security detailed in his book fed up. Sep 12, 2011 one of the most talkedabout comments from the sept. In his recent book, fed up, perry called social security a ponzi.
Miami one day before republicans gather for a presidential debate in florida, mitt romney intensified his criticism on wednesday of gov. Sep 12, 2011 hed previously devoted a passage in his book, fed up, to social security, criticizing the system and calling it a ponzi scheme. Rick perry rode into iowa saturday with tough talk on president obama, the economy and foreign policy and a declaration that social security is not. Rick perry threw his hat in the presidential ring, he referred to social security as a ponzi scheme.
In 1964, early in his presidential campaign, goldwater criticized social security. While he does not necessarily endorse perrys flamboyant ponzi scheme description, rove said he agrees that social security longterm faces. What does rick perrys book really say about social security. Rick perry speaks at the iowa state fair in des moines, iowa, monday, aug. Social security does not add to the federal deficit. Rick perry r just isnt ready to give up on the secession talk that made him a topic of conversation last year.
In his recent book, fed up, perry called social security a ponzi scheme and said it was created at the expense. Perry is doing what he can to exorcise the ghost of barry goldwater. Rick perry attacks social security, house republicans. Rick perry found himself on the defensive in a republican presidential debate here monday night, pilloried for suggesting that states should take over social security, attacked for trying to mandate vaccinations for young girls and roundly criticized for immigration policies he has supported in his state. Rick perry used to be pretty frank when it came to the countrys social security system. Rick perry backs off social security ponzi scheme comments. Rick perry stopped off in the alamo city on tuesday for a bite of barbecue and a bit of promotion for his new book and called for completely repealing president barack obama s health care legislation while he was at it.
As proof of perry s desire to end social security, the romney campaign cites a sept. Perry has been no stranger to controversial remarks about the retirement program. Just nine months ago, the texas governor released a rhetorical bombthrowing book under that title. Why rick perry is wrong about social security why rick perry is wrong about social security.
In his book rick perry virtually said social security is unamerican. Our fight to save america from washington is a 2010 political nonfiction book authored by then governor of texas rick perry and his senior advisor chip roy, published by little, brown and company. Rick perry s position on social security and belittled the concept of turning the federal program over. Aug 16, 2011 rick perry wants to have a conversation about federal entitlement programs. The establishment media and political opponents have made much of texas governor rick perrys book fed. New york cnnmoney rick perry is not a fan of social security or is he.
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