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If I sold a retirement product that was structured the same as social security retirement, I would be indicted by a federal grand jury for operating a pyramid scheme.
If I sold a retirement product that was structured the same as social security retirement, I would be indicted by a federal grand jury for operating a pyramid scheme.
If I sold a retirement product that was structured the same as social security retirement, I would be indicted by a federal grand jury for operating a pyramid scheme.
The SSA works quite well and its endowment will last until the 2030's decade. All it needs is a bit of reform and it will last well until the end of the century.
By the way, many people are under the illusion that Social Security is a communist idea invented by Marx or Lenin. In fact it was first suggested by FOUNDING FATHER Thomas Paine in his Agrarian Justice.