The best 20+ is social security a ponzi scheme Things To Know

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Video Is social security a ponzi scheme

1 Bloomberg once said Social Security was the biggest Ponzi scheme

  • Author:
  • Published Date: 02/12/2022
  • Review: 4.88 (961 vote)
  • Summary: · Bloomberg once said Social Security was the biggest Ponzi scheme and argued for cuts to entitlements … The comments come from Bloomberg’s weekly 

2 The Government Runs the Ultimate Racket – Mises Institute

  • Author:
  • Published Date: 12/10/2021
  • Review: 4.62 (451 vote)
  • Summary: · While sad, the story reminded me of Social Security, since it is also a Ponzi scheme involving those older, with high payoffs to early 

3 2 in 5 Americans under 60 believe Social Security is a Ponzi

  • Author:
  • Published Date: 10/05/2021
  • Review: 4.58 (305 vote)
  • Summary: · Just over 2 in 5 Americans under 60 believe Social Security is a Ponzi scheme, according to a new survey, while 7 in 10 don’t expect much 

4 America’s Ponzi scheme: Why Social Security needs to retire – PBS

  • Author:
  • Published Date: 02/26/2022
  • Review: 4.24 (321 vote)
  • Summary: · Social Security, like the federal government as a whole (which is 57 percent underfunded), has been run on a take-as-you-go basis. Each 


  • Author:
  • Published Date: 10/29/2021
  • Review: 4.08 (378 vote)
  • Summary: First of all, let’s get the definition of a ponzi scheme right. According to the SEC, a ponzi scheme is “an investment fraud that involves the payment of 

6 Ron Johnson: Social Security is a Ponzi scheme (2021 Edition)

  • Author:
  • Published Date: 06/21/2022
  • Review: 3.96 (579 vote)
  • Summary: · So, we’re still in debt for it … these things are Ponzi schemes, the money isn’t there. You invest it—whether it’s Social Security or 

7 Sure, Social Security’s A Ponzi Scheme – But Is It A Sustainable One

  • Author:
  • Published Date: 03/31/2022
  • Review: 3.79 (577 vote)
  • Summary: · When it gets to our turn to collect retirement benefits they will be paid from the SS contributions of those still in work. Old investors are 

8 Social Security, a government Ponzi scheme, headed for collapse

  • Author:
  • Published Date: 10/23/2021
  • Review: 3.4 (336 vote)
  • Summary: · But the unfortunate fact is the “trust fund” is an accounting fiction without any real assets. In actuality, Social Security is a giant Ponzi 

9 Is Social Security Really a Ponzi Scheme? | The Motley Fool

  • Author:
  • Published Date: 07/19/2022
  • Review: 3.23 (301 vote)
  • Summary: · Yes, Social Security is designed to protect the elderly with the payroll taxes of younger working Americans, but that’s a social investment, not 

10 Social security as a Ponzi scheme – ProQuest

  • Author:
  • Published Date: 10/05/2021
  • Review: 2.99 (475 vote)
  • Summary: Social Security has been called a Ponzi scheme by some writers. It is both misleading and pejorative to refer to Social Security and Medicare as among a 

11 The Social Security Ponzi Scheme – The Garrett Law Firm

  • Author:
  • Published Date: 08/25/2022
  • Review: 2.89 (142 vote)
  • Summary: · Social Security retirement benefits are a “pay as you go” system. Money coming into the system now is paying returns to people who paid in 

12 Is Social Security a Ponzi scheme? – The Washington Post

  • Author:
  • Published Date: 09/04/2022
  • Review: 2.86 (129 vote)
  • Summary: · What makes a Ponzi scheme a Ponzi scheme is that it’s a giant fraud. People think they’re investing in postal stamps. Their money is actually 

13 The U. S. System of Social Security: Emphatically Not a Ponzi Scheme

  • Author:
  • Published Date: 06/01/2022
  • Review: 2.62 (164 vote)
  • Summary: Social Security System from recent allegations that it is a kind of Ponzi or. “Pyramid” scheme. It is pointed out that social insurance, unlike Ponzi 

14 Is Social Security a Ponzi Scheme? – Law Offices of Schlissel DeCorpo

  • Author:
  • Published Date: 05/05/2022
  • Review: 2.55 (126 vote)
  • Summary: Republican politicians have recently referred to Social Security as a “Ponzi scheme”. This is an absurd misrepresentation of a program that has helped keep 

15 Social Security resembles a Ponzi scheme – The Diamondback

  • Author:
  • Published Date: 12/22/2021
  • Review: 2.58 (123 vote)
  • Summary: The debate is nowhere near as explosive as in 2011, when then Texas Gov. Rick Perry claimed that Social Security is a “Ponzi scheme.” Perry was lambasted for 

16 Why Social Security Is Not a Ponzi Scheme – Nasdaq

  • Author:
  • Published Date: 02/05/2022
  • Review: 2.31 (161 vote)
  • Summary: · Social Security tells you what’s going on, warts and all, and it wants you to invest around its shortcomings. A Ponzi scheme, on the other 

17 Ponzi Scheme vs Social Security – Difference and Comparison – Diffen

  • Author:
  • Published Date: 05/13/2022
  • Review: 2.22 (72 vote)
  • Summary: Critics of Social Security have called it a Ponzi scheme. They argue that the program is functioning only because current workers pay into it, 

18 Social Security Is Not a Ponzi Scheme – NCPSSM

  • Author:
  • Published Date: 07/23/2022
  • Review: 2.25 (103 vote)
  • Summary: · There is no credible comparison between Social Security and a Ponzi scheme. Social Security has fulfilled its promise to workers since the first 

19 The United States Social Security Administration

  • Author:
  • Published Date: 11/06/2021
  • Review: 2.12 (77 vote)
  • Summary: Official website of the U.S. Social Security Administration

20 Social Security is not a Ponzi scheme | Urban Institute

  • Author:
  • Published Date: 12/31/2021
  • Review: 1.99 (137 vote)
  • Summary: · Social Security is not a Ponzi scheme. A Ponzi scheme is based on a lie in which the perpetrator promises a few people a great investment with 

21 Social Security is no Ponzi scheme – Florida Times-Union

  • Author:
  • Published Date: 01/11/2022
  • Review: 1.92 (104 vote)
  • Summary: “Social Security isn’t an individual investment plan. It’s a government insurance plan that offers seniors a predictable income. Retirees do indeed depend on 

22 Williams: Perry right, Social Security is Ponzi scheme and big lie

  • Author:
  • Published Date: 01/29/2022
  • Review: 1.81 (198 vote)
  • Summary: During the recent GOP presidential debate, Texas Gov. Rick Perry said Social Security is a “monstrous lie” and a “Ponzi scheme.”

23 The Biggest Ponzi Scheme on Earth – Hoover Institution

  • Author:
  • Published Date: 03/13/2022
  • Review: 1.64 (174 vote)
  • Summary: · Younger workers, in particular, are skeptical that they will get anything like their money’s worth for the Social Security taxes that they and their 

24 Cruz on Social Security as a ‘Ponzi Scheme’ –

  • Author:
  • Published Date: 11/13/2021
  • Review: 1.59 (127 vote)
  • Summary: · In a televised debate on taxes, Sen. Ted Cruz denied that he ever called Social Security a “Ponzi scheme.” But in a 2011 interview, 

25 Social Security may not be a Ponzi scheme, but it sure acts like one

  • Author:
  • Published Date: 04/03/2022
  • Review: 1.39 (78 vote)
  • Summary: While Social Security is not a Ponzi scheme by the pure definition since it is not an investment , there are many aspects of this benefit that are Ponzi-like. Ponzi schemes ultimately collapse by not bringing in enough money from new investors to pay those pulling their money out

26 Kozlowski: Mechanisms driving Social Security and Ponzi schemes

  • Author:
  • Published Date: 06/23/2022
  • Review: 1.35 (136 vote)
  • Summary: The most convincing argument that Social Security is not a Ponzi scheme is that Ponzi schemes are disingenuous whereas everybody knows how Social Security works