Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article

To: FreeMerica; Russ; trebb; Vaquero; clee1; Jim Noble; miss marmelstein; BlueYonder
Social Security, often presented as an investment in your future, is merely a wealth transfer from the young to old. Many youth today see the demographic writing on the wall and understand that, like all ponzi schemes, Social Security can't outrun arithmetic forever. Youth are forced to subsidize the lifestyles of the elderly which are typically far more lavish than their own with little expectation they will receive the same. It's outright ageism.

Very well said - it is a Ponzi scheme

27 posted on 05/20/2018 10:32:48 PM PDT by Cronos (Obama's dislike of Assad is not based on his brutality but that he isn't a jihadi Moslem)
[ Post Reply | Private Reply | To 1 | View Replies ]


To: Cronos

I paid into it. A promise was made backed by the full faith and credit of the USA. I expect my payments. I could have invested that money. But it was taken. Now give it back to me with interest.


31 posted on 05/21/2018 3:14:13 AM PDT by Vaquero (Don't pick a fight with an old guy. If he is too old to fight, he'll just kill you)
[ Post Reply | Private Reply | To 27 | View Replies ]

To: Cronos

Anyone who works on the books, pays into SS. Old and young.


34 posted on 05/21/2018 4:10:59 AM PDT by miss marmelstein
[ Post Reply | Private Reply | To 27 | View Replies ]

To: Cronos

I have been saying this for years.

SSI needs to be means-tested. If you are elderly and have above mean income, no SSI for you.

To bad, so sad. The politicians YOU elected robbed the system to buy votes. Reap the crooked politics you allowed to grow.


35 posted on 05/21/2018 10:35:31 AM PDT by clee1 (We use 43 muscles to frown, 17 to smile, and 2 to pull a trigger. I'm lazy and I'm tired of smiling.)
[ Post Reply | Private Reply | To 27 | View Replies ]

Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson