Walter William on the Ponzi Scheme

SEE HERE I guess only real economists are allowed to call Social Security a Ponzi Scheme.  The media who generally are not smart enough to know what a Ponzi Scheme is have been helping make hash of Perry for daring to say such a thing.  But the string of Nobel Prize winning economists who have said it is a Ponzi Scheme goes way back with Williams only being one of the most recent.