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To: SkyDancer

No, it started with Roosevelt and the original SS Ponzi scheme. Subsequent changes helped fund deficits, but ultimately the program was doomed to fail from the beginning.


70 posted on 07/14/2017 11:03:51 AM PDT by Kozak (DIVERSITY+PROXIMITY=CONFLICT)
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To: Kozak
Well it's still going, retirees are receiving their monthly checks so I guess it'll keep going until ....???

I didn't deny it started with Roosevelt so I don't know where you got that from; also, Roosevelt only wanted it only as a temporary thing not something people could depend on for retirement purposes.

82 posted on 07/14/2017 11:47:17 AM PDT by SkyDancer (You know they invented wheelbarrows to teach FAA inspectors to walk on their hind legs.)
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To: Kozak

PS: SS is giving out money to those who’ve not paid into it so that’s where a lot of the deficit comes from.


83 posted on 07/14/2017 11:48:25 AM PDT by SkyDancer (You know they invented wheelbarrows to teach FAA inspectors to walk on their hind legs.)
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