He called it a Ponzi scheme when it’s anything but. It is a government-managed program funded by payroll taxes. As is though it remains viable with policy adjustments, such as raising the payroll tax cap or increasing the retirement age.
He called it a Ponzi scheme when it’s anything but. It is a government-managed program funded by payroll taxes. As is though it remains viable with policy adjustments, such as raising the payroll tax cap or increasing the retirement age.
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