Ponzi Scheme


In 2000, there were about 24 Americans aged 65 and older for every 100 working-age adults. By mid-century, there will be 43, according to the CBO. Taxes levied on narrower cohorts of working Americans are being called on to finance Medicare and social security for a growing cohort of pensioners, straining deficits and increasing debt.” Guardian UK. Plus democrats want to reduce the number of democrats paying income taxes by 50%!

Generally, retirees receive significantly more in Social Security benefits than they paid into the system, especially when considering lower- to middle-income earners and long lifespans. The average retiree often receives two to three times as much in benefits as they contributed in payroll taxes, partially because the system acts as a progressive social insurance program.” Google AI. It will run out of money by 2032, the party is over!

And that is all I’m going to say abut that!

Group of ten friends creating a human pyramid on grass in a park
A group of ten friends happily forming a human pyramid outdoors

Leave a comment