Is Social Security A Ponzi Scheme ?
Moderator: YMix
3 posts
• Page 1 of 1
Is Social Security A Ponzi Scheme ?
by AzariLoveIran » Fri Sep 09, 2011 5:23 pm
-
AzariLoveIran - Posts: 5296
- Joined: Mon Jun 21, 2010 7:41 pm
Re: Is Social Security A Ponzi Scheme ?
by Tinker » Fri Sep 09, 2011 5:58 pm
It is a Ponzi scheme in fact, but the reason it's unsustainable is because people have been dipping into the fund. There is no reason it couldn't sustain itself. It's just that starting with Reagan people used it to fund their own pet projects.
The canary didn't die because this mine is dangerous, it died because it's lazy and wasn't raised with a proper work ethic.
-
Tinker - Posts: 7683
- Joined: Mon Jun 21, 2010 2:14 pm
- Location: In the Jeweller's workshop.
Re: Is Social Security A Ponzi Scheme ?
by Mr. Perfect » Fri Sep 09, 2011 7:06 pm
It's a Ponzi scheme. At 3 workers to 1 retiree unsustainability is guaranteed.
The Constitution is not an instrument for the government to restrain the people, it is an instrument for the people to restrain the government - lest it come to dominate our lives and interests Patrick Henry
John Boner has brought change to America
John Boner has brought change to America
-
Mr. Perfect - Posts: 5444
- Joined: Sun Oct 03, 2010 7:55 am
- Location: Change is coming
3 posts
• Page 1 of 1
Return to American Electoral Politics
Who is online
Users browsing this forum: No registered users and 0 guests