[BluH2o]

SS is a Ponzi scheme, it works as long as more people are paying into it than taking withdrawals. That has reversed itself as the baby boomers came on stream as recipients ... they paid into it for years so feel entitled. Many were under the impression their contributions were being carefully shepherded (invested) by government and upon reaching retirement age it would be available to withdraw. Now reality has set in ... the U.S. government makes Bernard Madoff look like a pauper when it comes to the Ponzi scheme business.

[SF_Redux]

let me see if I can be more clear ..

ONLY THE PEOPLE WHO PAID/PAY IN SHOULD COLLECT

can it be said any simpler?

[MontaniSemperLiberi]

Good post.

Right now, there are 50 million elderly and 60 million people total living off the taxes paid by 131 million Americans.

It should be no mystery what the problem is with SS and Medicare.