4 ms·
I think this is very clickbaity. A ponzi scheme is an intentional scheme to defraud. Here at the worst we are talking about badly organised and budgeted governm
by zpeti 6y ago
I think this is very clickbaity. A ponzi scheme is an intentional scheme to defraud. Here at the worst we are talking about badly organised and budgeted government.
And there are much larger unfunded liabilities in medicare and medicaid, which is a much bigger "ponzi scheme".
- neltnerb 6y agoI think that calling something a pyramid scheme here is intended to be descriptive rather than a specific accusation of wrongdoing. If something is in fact a pyramid scheme it doesn't much matter if the people in charge are smart enough to do it intentionally or are just really bad at math. Either way eventually the party ends.