Romney Kinda Agrees with Perry on Social Security (In 2007, that is)
Last night's GOP debate at the Reagan Library in Simi Valley, California was chock full of overuse of bronzer (I'm looking at you Huntsman) and sparring between candidates, but mainly the candidates were all on the attack against Governor Perry. The spotlight focused on the issue of social security, which Perry again referred to as a Ponzi Scheme.
Perry said (hat tip to the Statesman):
"It is a Ponzi scheme to tell our kids that are 25 or 30 years old today, you're paying into a program that's going to be there. Anybody that's for the status quo with Social Security today is involved with a monstrous lie to our kids, and it's not right."
This prompted an attack from Mitt Romney in defense of social security. Hey Mitt, you sure you want to be the GOP nominee? Romney said this about the state of social security:
"You can't say that to tens of millions of Americans who live on Social Security and those who have lived on it. Under no circumstances would I ever say by any measure it's a failure."
In 2007 in Manchester, New Hampshire, Romney had this to say about the state of social security:
"Our seniors are fine right now in terms of Social Security because there's actually more money going into Social Security every year than is actually paid out. So our seniors, who are either seniors or coming along to be seniors soon, they're fine. Social Security is robust, it has plenty of money.
The concern, which most young people haven't thought about, is what happens when our twenty- and thirty- and forty-year-olds come along? What do the numbers look like then? At that point, there's far less money going into Social Security than is needed to come out. And of course, we could have had money there, but we've been taking all the extra money out every year. The Washington guys -- I said Washington is broken -- they've been taking all the extra money that goes in every year, and they've been spending it on government programs. They haven't been building a trust fund that would, as you know, allow Social Security to deal with the needs of our younger people as they come along."
Sounds kinda like what Governor Perry was saying doesn't it? Or even by "some measure" that the system is failing.
Thankfully I'm not the only one who noticed Mitt's flippity flop on the issue:
Mitt Romney tried to present himself as a stark contrast to Rick Perry’s aggressive stance on Social Security at the GOP Debate Wednesday evening. But the former governor of Massachusetts isn’t a strong champion himself of the program in its original form. Romney has stated recently at a town hall in New Hampshire that privatization of Social Security “didn’t make sense,” while his campaign staff appeared on MSNBC’s post-debate coverage indicating that Romney entertains the idea of raising the current retirement age up from 65 years old. However, Romney in the past has stated several times on record his preference to privatize at least some portion of Social Security. In fact, those statements happened ironically in the last Presidential campaign cycle.
I have just this to say to you, Romney: