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To: Lonesome in Massachussets

What are your facts that Social security was never actually sound? Millions of people have had SS as their only income. The government is corrupt and anyone who wants to depend on it is out of his or her mind.


22 posted on 05/05/2013 6:54:08 AM PDT by mountainlion (Live well for those that did not make it back.)
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To: mountainlion
Rose and Milton Friedman, to cite one source, in their masterful work, Free to Choose published in 1972 make clear that Social Security is a Ponzi scheme enforced by the government. About 10 years ago W pointed out that the Social Security Trust fund was underfunded by over a trillion dollars. The alternatives are

A) Change benefit promises to match reality
B) Subsidize Social Security from "the general fund", i.e., other taxes
C) Some of both A & B
D) Await collapse

The electorate has overwhelmingly and repeatedly chosen D.
23 posted on 05/05/2013 7:04:22 AM PDT by Lonesome in Massachussets (Doing the same thing and expecting different results is called software engineering.)
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