Friday, October 18, 2013
You Didn't Really Think There Was A Social Security Trust Fund Did You?
SEE HERE Let's just focus on reality for a second and can the rhetoric. There Ain't No Such Thing As A Free Lunch (TANSTAAFL!) and the government hasn't been investing or saving or doing anything reasonable with your social security taxes. They've just wasted it like they waste everything and issued IOUs based on the full faith and confidence of the United States. When you finish laughing at that idea you might wonder how a system is going to work when there are more people received checks than paying into the system to sustain it. Like all Ponzi schemes it collapses of its own weight because it runs out of people to pay. Just an echo but "So long, and thanks for all the fish!"