Friday, January 16, 2009

Social Security: A Ponzi Scheme???


On the way home from the gym Lawrence and i started talking about the wonderful government "bailout", which lead us to talking about Social Security.... Is Social Security a Ponzi Scheme???
Just like what Bernard Madoff did all all those people? Most people my age (24) or younger will probably never even see social security but why do they keep talking it out of our checks? I think the government should let us save for our own retirement with that money, not take it from us in advance to give it to people that are already retired. I can't see the government doing that anytime soon though, thing are so messed up right now with the economy they need all the free money they can get.

What do you think?

No comments:

Post a Comment