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Diegetics • View topic - Is Social Security A Ponzi Scheme ?

Is Social Security A Ponzi Scheme ?

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Is Social Security A Ponzi Scheme ?

Postby AzariLoveIran » Fri Sep 09, 2011 5:23 pm

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Re: Is Social Security A Ponzi Scheme ?

Postby 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.
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Re: Is Social Security A Ponzi Scheme ?

Postby Mr. Perfect » Fri Sep 09, 2011 7:06 pm

It's a Ponzi scheme. At 3 workers to 1 retiree unsustainability is guaranteed.
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