Rove Softens Stance On Perry's Social Security Position

Republican strategist Karl Rove seemed to back away Tuesday night from his recent criticism of Texas Governor Rick Perry for describing Social Security as a ponzi scheme.

In an interview with Fox News’ Sean Hannity, Rove said he would personally characterize the benefit program for seniors in a different way, but added, “I’m not adverse to the use of Ponzi scheme.”

He went on to clarify his view on Perry’s use of the term, which connotes an illegal investment operation.

“I wouldn’t use it, because a Ponzi scheme is a deliberately criminal enterprise, but I get what he’s talking about when he says a Ponzi scheme, which is unsustainable.”

During an appearance on ABC’s Good Morning America earlier this month, Rove said that for Perry, explaining his controversial description of Social Security would be his “biggest challenge” in his quest for the GOP nomination.

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