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I get you now. You mean the bigger system of mandating benefits to be paid for by future taxes, not specifically paid parental leave. I still don't agree it's
by onionisafruit 5y ago
I get you now. You mean the bigger system of mandating benefits to be paid for by future taxes, not specifically paid parental leave.
I still don't agree it's a Ponzi scheme because it's not soliciting investments with promises of big payoffs unless you count paying taxes as investing. I would agree that is shares an important property with a Ponzi scheme. It will fail when it can no longer increase the amount that gets paid in.
- endisneigh 5y agoI call it a Ponzi scheme because there’s a discrete payoff - having a child and receiving paid time off. Taxes in general aren’t a Ponzi scheme because many of the things paid for by taxes are continuous - less people, less tax collection needed. Tax collection for roads being an example. Parental leave and the amount of taxes necessary is more contingent on the future population than the present.
- Hamuko 5y ago>I call it a Ponzi scheme because there’s a discrete payoff - having a child and receiving paid time off. By this definition, my job is a Ponzi scheme.