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Politics : Formerly About Advanced Micro Devices
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To: combjelly who wrote (748973)10/23/2013 11:34:31 PM
From: Tenchusatsu  Read Replies (1) of 1573917
 
CJ,
It isn't a Ponzi scheme.
Ask anyone who is dependent on SS. They will tell you that they paid into the system; therefore they should get their due benefits.

Only problem is that what they paid into the system already went to the previous generation.

I already know that what I'm paying into SS is going directly to the Baby Boomers. If SS runs out of money when I retire, guess what? We'll just make up for it by raising the tax on the generations below me.

It is indeed a Ponzi scheme. That's why I can't opt out if I wanted to. The system needs my money to pay off the Baby Boomers.

Just ask Bentway, who only tries to troll me with that fact every time he's backed into a corner.

Tenchusatsu
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