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To: xzins

If you keep increasing retirement age, then Social Security is merely another tax, because very few people will actually live to collect it.

Whent it was introduced, life expectance was 65, people just didn't catch on to the scheme.

As people are living longer, they actually collect, which demonstrates that it's nothing but a Ponzi scheme.


14 posted on 04/09/2005 8:51:47 AM PDT by FairOpinion
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To: FairOpinion
As people are living longer, they actually collect, which demonstrates that it's nothing but a Ponzi scheme.

If people actually collect, and we do, it would seem SS is a working Ponzi scheme.  Reform aims to avoid problems which show up after . . . how many years of people actually collecting? 

16 posted on 04/09/2005 9:01:09 AM PDT by Racehorse (Where your treasure is, there will your heart be also.)
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