4 ms·
The fact that you managed to uncover these super-secret issues and the fact that they are widely discussed and debated explains in part how the government plans
by Angostura 9y ago
The fact that you managed to uncover these super-secret issues and the fact that they are widely discussed and debated explains in part how the government plans are different from an illegal ponzi scheme.
- joncrocks 9y agoAre there other parts of the 'plan' that make it different?
- tdb7893 9y agoTo me the fact that the intent of it is entirely different (it's not an investment fund, it's a social welfare program and those two things are pretty dissimilar), it's transparent, and it's underwritten by taxes makes it a very very different beast overall.
- manjushri 9y agoIs the end result not the same? The later investors lose their investment while the early ones reaped the benefits.
- tdb7893 9y agoThe inflow and outflow of money is pretty predictable. I don't get why it's certain that "later investors" lose their money with social security. It's more of a tax than an investment so it can really only fail if the government mismanages it but that's true of any welfare program