Perry is STILL right: Social Security is a loser

[joeydb]

He's sticking to his guns - probably means he won't be the nominee.

But, if his math is correct, it needs to be repeated that "Social Security is a loser" as an "investment".

http://www.nationaljournal.com/polit...urity-20110912

Funny how the article says SS is "popular." When something is mandatory, how can you tell if it's popular or not?

Excerpt: “By 2037, retirees will only get roughly 76 cents back for every dollar that is put into Social Security unless reforms are implemented,” he wrote.

“Imagine how long a traditional retirement or investment plan could survive if it projected investors would lose 24% of their money?”