And here is what we were promised way back in 1964!
https://www.ssa.gov/history/ssa/usa1964-2.html
Self-Supporting
“The program is designed so that contributions plus interest on the investments of the social security trust funds will be sufficient to meet all of the costs of benefits and administration, now and into the indefinite future—without any subsidy from the general funds of the Government. Both the Congress and the Executive Branch, regardless of political party in power, have scrupulously provided in advance for full financing of all liberalizations in the program.”
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About 20 or so years ago AARP magazine or Bulletin had an article on how the SS system was NOT a Ponzi Scheme.
Ponzi Schemes collapse. SS has not, therefore it is not a Ponzi Scheme.
A few pages more into the magazine was an article by Jane Briant Quinn on how the SS program was set up. Without saying it, the set up is just like a Ponzi Scheme.
Great post.
.Gov has been lying and lying and lying and lying for decades...and most of the sheeple still do not have a clue.