Claim: “It is a monstrous lie. It is a Ponzi scheme to tell our kids that are 25 or 30 years today you’re paying into a program that’s going to be there.”— Gov. Perry
Fact: Perhaps the governor does not know the dictionary definition of a Ponzi scheme. Here’s what Merriam-Webster says: “An investment swindle in which some early investors are paid off with money put up by later ones in order to encourage more and bigger risks.”…This is a frequent mistake politicians make when talking about Social Security. It is not an investment vehicle; it is intended to provide income security as well disability and life insurance. Just more than 60 percent of the 54 million beneficiaries are retired workers; the rest are disabled workers, dependents or survivors.
Fact: In dry economic language, the CBO essentially said that some people who are now in the workforce because they need health insurance would decide to stop working because the health care law guaranteed they would have access to health care. (As an example, think of someone who is 63, a couple of years before retirement, who is still in a job only because he or she is waiting to get on Medicare at age 65.)…But in any case, the CBO did not say the health law was killing jobs.
Claim: “We’ve had requested for years at the Health and Human Services agencies to have that type of flexibility, where we could have menus, where we could have co-pays. And the federal government refuses to give us that flexibility.”— Perry
Fact: Perry gives a misleading account of this application for a waiver on Medicaid rules. The George W. Bush administration rejected the application in 2008, saying it was incomplete and riddled with problems. As far as we can tell, the state has not resubmitted the waiver.
Claim:“Obamacare took over one-sixth of the American economy… . If we fail to repeal Obamacare in 2012, it will be with us forever and it will be socialized medicine.”— Bachmann
Fact: It is simply not true, no matter how often candidates say that the Obama health care law represents socialized medicine or took over one-sixth of the economy. Socialized medicine is a single-payer system, in which the government pays the bills and controls costs (much like Medicare.)
Claim: “In our state, our plan covered 8 percent of the people, the uninsured. His plan has taken over a 100 percent of the people.”— Romney
Fact: Obama’s law was modeled closely on the law passed by Romney when he was governor of Massachusetts — an inconvenient fact that Romney tries hard to run away from. His comparison here is misleading, since both plans try to deal with the problem of the uninsured by requiring an individual mandate.
Claim: “The idea that we would put Americans’ economy in jeopardy based on scientific theory that’s not settled yet to me is just — is nonsense. I mean, it — I mean, and I told somebody, I said, just because you have a group of scientists that have stood up and said, here is the fact — Galileo got outvoted for a spell.”— Perry
Fact: We previously awarded Perry Four Pinocchios for his comments suggesting scientists were increasingly saying climate change was a fiction. We will note he repeatedly did not answer the question at the debate about whether he could name a scientists he thought was credible on the issue.
Claim: “As a matter of fact, what he’s done is, he’s said in fact to Israel that they need to shrink back to their indefensible 1967 borders.”— Bachmann
Fact: Obama never said this. The president in May did give a controversial speech, in which he said the de facto border of 1967 should be a starting point for negotiations between the Israelis and Palestinians, with agreed swaps of territory. A few days later, he further clarified his comments to make clear he was not saying the lines should be Israel’s border, to the point that he was thanked by the Israeli prime minister in a speech to Congress.
- What You Missed While Not Watching Last Night’s Reagan Library GOP Debate (swampland.time.com)
- Romney and Perry Clash in Debate as GOP Primary’s Bloodletting Begins (swampland.time.com)
- Reagan Library Debate Winners And Losers (outsidethebeltway.com)
- Rick Perry Doubles Down on His Social Security ‘Ponzi Scheme’ Charge – Takes a Swipe at Karl Rove (crooksandliars.com)