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<blockquote data-quote="vantexan" data-source="post: 2199646" data-attributes="member: 24302"><p>The difference is a Ponzi scheme keeps people in the dark about where the money being paid to them came from. If the investors knew what was going on they wouldn't participate. Social Security isn't an investment, it's a tax intended to prevent seniors, minor children with deceased parents, and the disabled from being impoverished and destitute. It needs tweaking, but the fact remains when SS is down to just the weekly contributions it'll still pay at least 75% of promised benefits.</p></blockquote><p></p>
[QUOTE="vantexan, post: 2199646, member: 24302"] The difference is a Ponzi scheme keeps people in the dark about where the money being paid to them came from. If the investors knew what was going on they wouldn't participate. Social Security isn't an investment, it's a tax intended to prevent seniors, minor children with deceased parents, and the disabled from being impoverished and destitute. It needs tweaking, but the fact remains when SS is down to just the weekly contributions it'll still pay at least 75% of promised benefits. [/QUOTE]
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