Quote:
Originally posted by stevepaa
Well, it [Social Security] has never been a disaster and is not now.
It is a very efficient sysem. Hardly anything goes into administration.
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What are you smoking?!
The Social Security administration
itself admits it cannot be sustained as it is currently structured -- they've been predicting its collapse for years; its problems are not something new.
Social Security is a
Ponzi scheme; the money from new "investors" is used to pay the "benefits" to the earlier contributors.
If anyone tried to set up a group retirement investment plan modeled after SS, they would be arrested for
fraud!
SS isn't even about "retirement" anymore; the dead-weight (and growing) part of the scheme involves young people using lawyers who send them to doctors so they can get a "diagnosis" for a qualified "mental disorder" and collect disability payments through SS!
I say: Let me out! I'll plan for my own retirement and deal with risks for real disability on my own.