Rep. Jeb Hansarling: Medicare, Medicaid, Social Security Are “Cruel Ponzi Schemes”
REP. HENSARLING: Let’s remember again the main drivers of this national debt are three large entitlement programs, programs that have been of great comfort and assistance to my parents and grandparents but they’re morphing into cruel ponzi schemes for my 9-year-old daughter and 7-year-olds. Unfortunately, the President ignores the reality, he doesn’t really give the facts to the American people and they will go bankrupt where we will save and secure these programs for future generations.
John McCain, Dick Armey, and Texas Governor Rick Perry have all used the term “Ponzi scheme” in the same manner. Did someone generate a memo?
Click here for reuse options!Copyright 2011 Liberaland
Leave a Reply
You must be logged in to post a comment.