🦊 OneRedFox 🦊@beehaw.orgM to

Socialism@beehaw.orgEnglish · 12 hours ago

Why Social Security Is Not a Ponzi Scheme

www.currentaffairs.org

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Why Social Security Is Not a Ponzi Scheme

www.currentaffairs.org

🦊 OneRedFox 🦊@beehaw.orgM to

Socialism@beehaw.orgEnglish · 12 hours ago

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Old age insurance is not a scam, and it’s not destined to collapse. Proponents of privatizing or eliminating Social Security are constantly telling lies about it.

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karashta@lemm.ee
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12 hours ago
Because the federal government creates money ex nihilo and can always service its debts when it chooses.

You paying into it has nothing to do with its solvency.

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