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William Henry: “A lot of people call Social Security a Ponzi scheme, which…”

Featuring: William Henry, Libertarian | Former Candidate, U.S. House Indiana, 2nd Congressional District

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FULL DEBATE Indiana 2nd Congressional District Debate

Published | Video Starts at 51:49

Retirement accounts like four hundred and one s. The Social Security has so many hands in it that haven't contributed to it, that are drawing from it, that's dragging it completely down. And A lot of people call Social Security a Ponzi scheme, which turns out it's what it's looking like. We put money into it and I don't think I'm going to get money out of it. Miss camp, your take on saving Social Security? Well, I believe so. (51:49–51:55)

CLAIM

Asserts that Social Security resembles a Ponzi scheme.

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