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Is the end result not the same? The later investors lose their investment while the early ones reaped the benefits.
by manjushri 9y ago
Is 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