MILLER: It is a Ponzi scheme – Washington Times

Mr. Perry is correct in his assessment, but Republicans shouldn’t waste air time arguing semantics. What matters is that the candidates show the American people that theirs is the party of action. President Obama occasionally refers to Social Security reform in speeches, but he has never made an actual proposal.

Meanwhile, Social Security’s trustees reported that the so-called trust fund will be depleted by 2036, and then taxes will cover only three-quarters of benefits. Left untouched, Social Security will collapse.

Republicans should be working on real results: raising the eligibility age for those under 55 and giving young people the option of private retirement accounts, among other possibilities.

Read more…..

MILLER: It is a Ponzi scheme – Washington Times.

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