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Just Ask

 

Ask anyone under 40 whether they think they'll ever see all of their Social Security benefits.

4 out of 5 times, "No" will be the answer.

People aren't stupid. They know that Social Security is not secure, and that to be secure, it would require ever increasing taxation on subsequent generations.

Which makes Rick Perry look smart just for speaking the truth.

ponzi (noun): an investment operation that pays returns to separate investors, not from any actual profit earned by the organization, but from their own money or money paid by subsequent investors. The perpetuation of the returns that a Ponzi scheme advertises and pays requires an ever-increasing flow of money from investors to keep the scheme going. The system is destined to collapse because the earnings, if any, are less than the payments to investors.

Duh.

Mitt Romney seems to think we should fix Social Security. I suppose just like he fixed Massachusetts' health care system...

 


by Brett Rogers, 9/8/2011 6:53:57 AM
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