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    Back to To the Point

    To the Point

    Social Security: 'Ponzi Scheme' or 'Monstrous Lie?'

    In today's speech on deficit reduction, President Obama said Social Security should be treated separately — at some later time. But Rick Perry's talk of a "Ponzi scheme" and "a monstrous lie" have made America's most popular government program a possible presidential campaign issue next year.

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    By Warren Olney • May 12, 2014 • 1 min read

    In today's speech on deficit reduction, President Obama said Social Security should be treated separately — at some later time. But Rick Perry's talk of a "Ponzi scheme" and "a monstrous lie" have made America's most popular government program a possible presidential campaign issue next year. Does Perry's attack make him unelectable, as Mitt Romney claims? Will Republicans in Congress push for privatization? Should the income cap on Social Security taxes be raised? What about the retirement age? Should benefits be reduced before young workers retire?

    The full episode

    2 of 3
    Social Security: 'Ponzi Scheme' or 'Monstrous Lie?'
    1. 0:00Obama Lays Out Plan to Cut Deficit
    2. 7:47Social Security: 'Ponzi Scheme' or 'Monstrous Lie?'You’re reading this
    3. 44:28Can US Solar Companies Compete with Cheaper Chinese Rivals?
    • https://images.ctfassets.net/2658fe8gbo8o/AvYox6VuEgcxpd20Xo9d3/769bca4fbf97bf022190f4813812c1e2/new-default.jpg?h=250

      Warren Olney

      former KCRW broadcaster

    • KCRW placeholder

      Christian Bordal

      Managing Producer, Greater LA

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      Andrea Brody

      Senior Producer, KCRW's Life Examined and To the Point podcast

    • KCRW placeholder

      Karen Radziner

      Managing Producer, To the Point & Which Way LA?

    • KCRW placeholder

      David Lightman

      McClatchy Newspapers

    • KCRW placeholder

      Frank Newport

      Gallup Poll

    • KCRW placeholder

      Max Richtman

      National Committee to Preserve Social Security and Medicare

      NewsNationalPolitics

    The full episode

    2 of 3
    Social Security: 'Ponzi Scheme' or 'Monstrous Lie?'
    1. 0:00Obama Lays Out Plan to Cut Deficit
    2. 7:47Social Security: 'Ponzi Scheme' or 'Monstrous Lie?'You’re reading this
    3. 44:28Can US Solar Companies Compete with Cheaper Chinese Rivals?
    Back to To the Point