The app for independent voices

Ok, you’ve labeled it. So have a million other people including Senator John McCain. That doesn’t change anything. Your solution is to cut off the boomers because they paid too little and live too long. It’s not the boomers fault. FDR and his brain trust created the ponzi long before the first boomer arrived. I ran my numbers a decade ago and had those geniuses in DC put the FICA “contributions” instead in 10 year treasuries and reinvested (power of compound interest), at retirement the value could have been rolled into a lifetime annuity that paid more than the expected SS benefits. But then I wouldn’t have paid enough of the skim and the sharing piece of all the early ponzi members and other eligible beneficiaries. How many bad decisions do we sustain and pay for over a hundred years (income tax, Fed Reserve, etc)? Yes, it’s not going away anytime soon.

Nov 12, 2023
at
1:38 AM

Log in or sign up

Join the most interesting and insightful discussions.