Social Security is not a Ponzi scheme. Social Security has worked for 75 years pretty darn well. You guys have not taken advantage of Social Security; you contributed to it. It's a savings plan, a pension plan. There are no bad guys in Social Security.
Mitt Romney, last year, in his pre-campaign manifesto:
To put it in a nutshell, the American people have been effectively defrauded out of their Social Security. In 1982, the government raised Social Security taxes with the intension of creating a surplus that could be set aside in some fashion for the baby boomers when they retired. But for the last thirty years, the surplus has been spent, not on retirement security, but on regular budget items.Let's look at what would happen if someone in the private sector did a similar thing. [...] They would go to jail. But what has happened to the people responsible for the looming bankruptcy of Social Security? They keep returning to Congress every two years.
So in 2010, Romney thought people should be going "to jail" over what's happened with Social Security because the public had been "effectively defrauded [...] for the last thirty years."
But now that it's 2011, Mitt Romney doesn't think anybody should be going to jail. Instead, he says "there are no bad guys in Social Security." And instead of lamenting "thirty years" of "fraud," now Mitt Romney says "Social Security has worked for 75 years pretty darn well."
My point here isn't to evaluate which Mitt Romney is right. The point is that these are two completely different Mitt Romneys, and there is absolutely no way for you to figure out which one of them to believe. Probably, you shouldn't believe either one.
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