Quote:
Originally Posted by The2Dogs
Sounds like a government run Ponzi scheme where the promises are all lies, at least for those that are the last in.
.
|
There is no last in....there will always be workers. That is why you need to adjust it....This generation of retiree's paid in for their grandparents, who did not live as long, yet they want their grandchildren to pay for their retirement with no adjustments? That is just wrong.
The really bad thing is that Reagan in the eighties
fixed SS and cut taxes, he then proceeded to take out the surplus SS ... so this generation of retirees let Reagan spend their SS surplus!
If you want to talk about where the money has really went...that is a conversation I'd relish.