NBC Poll: Republicans Agree With Rick Perry on 'Ponzi Scheme'

Wednesday, 12 Oct 2011 06:30 PM

By Paul Scicchitano

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More than half of likely Republican primary voters agree with Rick Perry that Social Security is like a "Ponzi scheme."

Rick Perry, Social Security, PonziA new Wall Street Journal/NBC News poll finds that 54 percent agree that the retirement program resembles a Ponzi plot, which is fraudulent system to collect more money than it pays out. Only 41 percent disagreed.

In contrast, 64 percent of the electorate as a whole disagree with the Texas governor on Social Security, while 29 percent endorse his view.

Perry created a firestorm during the first presidential debate in which he appeared, in which he labeled the retirement program as a Ponzi scheme that offers little to young workers.

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