>>>Social Security is our nation’s most successful social program<<<
Flawed Premise in the very first sentence...
Social Security started out as a Ponzi scheme, and only the first few who got in on the ground floor hit the big pay off, while the rest have been relying on the continued pay-in to be there to cover THEIR future benefits, as their contribution has already been spent (or pillaged by the shenanigans done just about every year on the budget).
Social Security would have been MUCH more successful if it had been privatized years ago, and it would have been on a sound fiscal by now.
>>>Social Security is our nation’s most successful social program<<<
Years ago, AARP magazine showed how the SS system is NOT a Ponzi Scheme. They said all Ponzi schemes collapse, and since Social Security has not collapsed it is not a Ponzi scheme.
A few pages farther on, Jane Bryan Quinn had an article on how the SS system is set up. It does not take an idiot to recognize it is set up just like a Ponzi Scheme, and it’s survival is based on new people being forced to sign on at the bottom.
It now takes three workers to support one retiree. When those three retire, it will take nine. When those nine retire, it will take twenty seven.
Now multiply that by thirty million and you can see that in a few generations we will need over a billion people to support those on SS, and we are aborting those future workers at a very high rate.
No wonder the Dems want as many outsiders flowing into the US as they can get.