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Actually,
Social security is a retirement plan funded by the contributions of those who participate in it. It is not a ponzi scheme except in the eyes of people like you who would probably like to get out of it entirely. A little jiggling with the contribution level and raising the ceiling on how much wealthy people contribute would make it solvent for many years to come. Ever so often it needs to be adjusted for the times that we live in but it has been around for the better part of a century and is still providing a floor so that those without the sophistication to invest successfully will have some form on a half way dignified retirement. The problems that social security currently faces arose from the presidency of George W. Bush when he almost brought the nation to ruin with his lack of intelligence and foresight.
Joe
To say that "God exists" is the greatest understatement ever made across space and time. |
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