Can Perry Win by Describing Social Security as a Ponzi Scheme? Ron Johnson Did? What Do You Think? Take the White House 2012 Poll

Since last week’s G.O.P. presidentia debatem the first one which Texas Governor Rick perry participated in, there has been

consternation about his calling Social Security as a “Ponzi Scheme”. The description even compelled Mitt Romney to declare victory in the debate and to suggest that Parry all but lost the presidential nomination.

The truth though is that an important part of Perry’s Ponzi Scheme description seems to be constantly left out by his critics. That part is where Rick Perry states that is a Ponzi Scheme for future generations. On that he is right. Furthermore; Perry points out that his desire to reform Social Security does not change it for those who are already being funded and for whom the funds exists. The same goes for those who expect to be on it in the relatively near future. His changes are directed for future generations for which the money will not be there to fund under the current system.

Nonetheless, the truth Perry speaks about the “future” of Social Security has been controversial. Fir that reason, this week, White House 2012 asks readers if it is possible for Governor Perry to win the nomination with his opinion of Social Security. To participate in the poll click here or just vote in the poll question box in the top portion of the column to the right of this blog.

As to the question itself, whether Perry’s view of Social Security is risky or not, it should be understood that despite the issue being a political third rail that the left electrifies with propaganda designed to scare senior citizens, it is possible to address the issue of Social Security reform in a campaign and still get elected.

In the recent 2010 midterm elections, underdog Republican businessman Ron Johnson successfully defeated once heavily favored liberal Senator Russ Feingold.

After a hard fought campaign in which the issue of Social Security was often raised, Johnson and the left once again tried to use their Social security scare tactics. Johnson, who like Rick Perry had once referred to Social Security as a Ponzi Scheme, put out the following ad.

Ron Johnson a, is now Senator Johnson and Russ Feingold is now a shocked and angry former Senator.

So don’t write off Rick Perry.  If he plays his cards right and deals with the issue of Social Security reform properly, his Ponzi Scheme definition could help him.

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