All ponzi schemes eventually run out of investors. I have seen and participated in some very heated threads here on social security.
Fact - Most “conservatives” refuse to acknowledge that social security now represents generational theft on a grand scale. Watch the comments on this thread or read the comments on others. They are going to get theirs because they paid into the system and bought the promise.
Fact - Most “conservatives” think its more important that the crappy politicians they put into office promised them the benefit and that is more important than the reality that my wife and I - our children - and our grandchildren will all be saddled with their debt after they are dead. They will get their benefit in most cases far beyond what they contributed. We will get the bill.
I am in my mid-40’s and pay the maximum. I won’t receive social security when I retire. Theft. They will borrow the money and debase our currency to pay our elderly. Theft. Me and my kids will suffer the consequences.
Social Security was never designed for people to retire and 65 and collect until they were 75 - much less 85 or 95. Social Security was never designed to pay out a check to children with ADHD - a diagnosis that can give a single mom on public assistance another check each month despite the fact that neither she or her child paid into the system and they are highly unlikely to ever pay into the system.
Social Security is generational theft. The politicians lied to us. The government did not invest the money - they spent it. I know.... you voted and they promised.
They lied. I am not going to hang around for the heated debate - I have to go to work, but watch the responses.
Robbery is defined as the taking of one’s property by another through the use of force or the implied or threatened use of force.
It’s too late to fix the system or abolish it. Woe to the politician or party that acknowledges reality and scraps the ponzi scheme.
You giving ponzi schemes a bad name. They are voluntary. Socialist Security is not!
“Fact - Most “conservatives” refuse to acknowledge that social security now represents generational theft on a grand scale. Watch the comments on this thread or read the comments on others. They are going to get theirs because they paid into the system and bought the promise.”
Very true. I tell people... Madoff’s “investors” paid in too.
People will ignore it until there is a tangible crash