To: eyedigress
Assuming he/she claimed it or could be found and was legally entitled..
I thought SS was just a big ponzi scheme where all the revenue is put into one pot and the 1st to eligibly retire get the first $. As the population of younger folks (payers)winnows, the ponzi pot empties leaving the last eligibles to have a place at the hind “boob”. (hind boobs are notorious for little milk production leaving the suckler, well...eh....sucking.)
To: crazyshrink
Keep in mind the time it was implemented and the future calculations involved. The program was very near-sighted, and never expected a BOOM in population in 14 years, to last for 18 years. A fatal flaw.
The other flaw was this money paid for infrastructure and was never invested. That's why alot of infrastructure is 50 years old. New taxes must be started constantly to keep up.
The earmark crap is supposed to do this, but is abused to a point that leaves one wondering if we'll ever get out of this mess.
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