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Not really. Social security (and medicare) specifically makes promises of future returns to current payers, based on the assumption new entrants will provide th
by sershe 2y ago
Not really. Social security (and medicare) specifically makes promises of future returns to current payers, based on the assumption new entrants will provide the money to pay for those returns. To underscore the point, they are even structured separately.
Normal social services (from schools to even medicaid) merely transfer money between individuals in the present.