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To: Greetings_Puny_Humans

Social Security is only screwed up because:

1) It is a ponzi or pyrmid scheme

2) It is in the hands of the govt

3) It is seen as an Entitlement.

4) It is a Pool of money rather than a specific account with your name on it

5) It is govt money rather than a oersonal asset.

6) There is NO SocSec lockbox/account/pool.


33 posted on 10/10/2015 5:50:32 AM PDT by RoadGumby (This is not where I belong, Take this world and give me Jesus.)
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To: RoadGumby; Gaffer; sphinx
Social Security is only screwed up because: 1) It is a ponzi or pyrmid scheme

And yet Social security was running surpluses, so much so they started raiding it to pay their other bills. Considering we were able to spend 2 trillion on Iraq as well, I find it hard to believe that no one can find a way to pay for social security beyond just raising the retirement age so high that no one lives long enough to receive it.

46 posted on 10/10/2015 8:19:37 AM PDT by Greetings_Puny_Humans (I mostly come out at night... mostly.)
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