I question those that set up Social Security and Medicare as ponzi schemes from day one. They are the definition of a ponzi scheme, current investors pay the returns of prior "investors" except there are no prior investors when the programs started paying out. They were guaranteed to fail so the boomers financed their parents comfortable retirements and our children won't be able to finance ours.
Baby Boomers
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I question those that set up Social Security and Medicare as ponzi schemes from day one. They are the definition of a ponzi scheme, current investors pay the returns of prior "investors" except there are no prior investors when the programs started paying out. They were guaranteed to fail so the boomers financed their parents comfortable retirements and our children won't be able to finance ours.
No its not.
Its all good in my book, we all have our opinions, unlike facts, which never change, opinions do, over time.
One could say, health care didnt have the costs, and growth of costs when conceived.
SS, at the time, people didnt live as long, at 1/6 your pay, working 40 years,you retire at 65, back then, youd be dead at 70 anyways.
I've also been told we also all have an anus. I can attest to that being true in my case. I guess YMMV for some people. For some it seem to be located on the face(For comedic purposes only. I'm well aware that also applies in my case).
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