Re:Dear 22 Year Old: Concerning your economic Future
by jojopotato on Wednesday October 13, 2010 @01:45PM
(#1788097)
You're right, I am probably being to literal in my definition of a ponzi scheme.
I definitely agree that Social Security is going to go through growing pains as the population demographics change and benefits won't be the exact same as the previous generation, but I feel like people use the term "ponzi scheme" to smear the whole idea of Social Security rather than articulating why we shouldn't have it.
I definitely agree that Social Security is going to go through growing pains as the population demographics change and benefits won't be the exact same as the previous generation, but I feel like people use the term "ponzi scheme" to smear the whole idea of Social Security rather than articulating why we shouldn't have it.