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re: Social Security recipients to receive 3/4 payouts by 2035

Posted on 4/23/19 at 8:32 am to Revelator
Posted by HubbaBubba
F_uck Joe Biden, TX
Member since Oct 2010
45854 posts
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Posted on 4/23/19 at 8:32 am to Revelator
Not socialism, but bad investment planning. If I get it I get it. Not really my retirement investment strategy, though.
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Posted by Shepherd88
Member since Dec 2013
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Posted on 4/23/19 at 8:35 am to HubbaBubba
More like a Ponzi scheme. Literally fits the definition, but everyone is forced to contribute.
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Posted by Revelator
Member since Nov 2008
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Posted on 4/23/19 at 8:37 am to HubbaBubba
quote:
Not socialism, but bad investment planning.


Well the government doesn't allow citizens to opt out of the system and privately invest the money taken by SS.
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