4 ms·
The money you paid for social security was lost pretty much the moment you paid it. There is little left to lose, it's a redistribution scheme rather than a sa
by ty6853 2y ago
The money you paid for social security was lost pretty much the moment you paid it.
There is little left to lose, it's a redistribution scheme rather than a savings scheme.
- catlifeonmars 2y agoFWIW I think we need both? Agree that the latter is severely lacking in the US. And maybe in some distant future post-scarcity society we would not have a need for a savings scheme.
- cvalka 2y agoAny pension scheme is a redistribution scheme.