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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Steve Dietrich who wrote (495650)7/16/2009 1:41:10 PM
From: Tenchusatsu  Read Replies (1) | Respond to of 1574468
 
SD, > Instead, the working generation pays for the benefits of retirees with the understanding that their benefits will in turn be paid by future workers.

You think there may be flaws in that assumption that could cause the whole system to break down?

Pretty easy to avoid facing those flaws until it's too late.

Tenchusatsu



To: Steve Dietrich who wrote (495650)7/16/2009 1:45:38 PM
From: i-node  Read Replies (1) | Respond to of 1574468
 
Instead, the working generation pays for the benefits of retirees with the understanding that their benefits will in turn be paid by future workers.

Pretty much like, for example, a "Ponzi" scheme? Wouldn't you say?