The Ponzi Claim: A History

by Stanley Kurtz

Long before Rick Perry called Social Security a Ponzi scheme, a surprising number of prestigious liberal scholars, policy-makers, and journalists said the same thing. Where are the courageous and truth-telling Democrats of yesteryear? Perry’s boldness is part of this story, but the collapse of the Democratic middle is too. You can read all about it in my new piece on the history of the Ponzi scheme claim.