It's Refreshing to have Rick Perry Tell the Truth....Something you NEVER get from Obama...

Isn't it refreshing to have a politician that is HONEST with the American People and Rick Perry is....Romney will talk around the subject just to be political...I've ahd about all the political rhetoric I can stand with Obama...the last thing I want is another president (republican or democrat) that can't tell the truth...And by the way Social Security has turned into a Ponzi Scheme...

Rick Perry: I am going to be honest with the American people

By Rick Perry

As I said at the Reagan Library recently, Social Security benefits for current recipients and those nearing retirement must be protected. For younger workers, we must consider reforms to make Social Security financially viable.

These are the hard facts: Social Security's unfunded liability is calculated in the trillions of dollars. Last year, annual Social Security outlays exceeded annual revenues for the first time since 1983. The Congressional Budget Office projects that outlays will be roughly 5% greater than revenues over the next five years, worsening as more and more Baby Boomers retire.

By 2037, retirees will only get roughly 76 cents back for every dollar that is put into Social Security unless reforms are implemented. Imagine how long a traditional retirement or investment plan could survive if it projected investors would lose 24% of their money?

I am going to be honest with the American people. Our elected leaders must have the strength to speak frankly about entitlement reform if we are to right our nation's financial course and get the USA working again.

For too long, politicians have been afraid to speak honestly about Social Security. We must have the guts to talk about its financial condition if we are to fix Social Security and make it financially viable for generations to come.

Americans must come together and agree to address the problems so today's beneficiaries and tomorrow's retirees really can count on Social Security for the long haul.

We must have a frank, honest national conversation about fixing Social Security to protect benefits for those at or near retirement while keeping faith with younger generations, who are being asked to pay.

Gov. Rick Perry of Texas is seeking the Republican presidential nomination.