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To: SecondAmendment

Um no. Social Security and Medicare are ponzi schemes which will fail by design.

FDR, LBJ, and the Dems knew this from the start.

I disagree. When FDR set up Social Security it should have been sustainable. The raiding of SS for “The Grand Society” put it on path to insolvency. That was all LBJ. I am no fan of FDR but the original setup was sustainable.


28 posted on 04/19/2024 9:48:59 AM PDT by Pete Dovgan (Repeatedl)
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To: Pete Dovgan
> I disagree. When FDR set up Social Security it should have been sustainable.

Let me attempt to persuade you otherwise.

1. The average life expectancy when SSN passed was 65, and the sponsors of the bill knew this.

2. SSN is purely an entitlement program to which an individuals contributions have no bearing on their eligibility to receive it per Flemming vs. Nestor.

33 posted on 04/19/2024 10:16:14 AM PDT by SecondAmendment (The history of the present Federal Government is a history of repeated injuries and usurpations ....)
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