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re: What's wrong with Social Security
Posted on 3/7/19 at 11:21 am to LSUFanHouston
Posted on 3/7/19 at 11:21 am to LSUFanHouston
The problem is that it was basically set up as a Ponzi scheme, where you pay the original investors off with the investments of the new people. At that time, more people were joining and people were dying younger. Now the Ponzi scheme is collapsing. Pay off those who paid in. Stop collecting from the young. Let them invest on their own!
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