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Thanks for sharing that. So those retiring after 1985 are on the bottom rung of the Ponzi scheme. They will never get back what they paid in, but instead have transferred wealth to those on the upper rungs (the older generation). Every Ponzi scheme has a tipping point; the only way to sustain it is to get more suckers to join. With our low birthrate, the only way we're going to do that is through immigration.
Good luck with that. Most of our immigrants both legal and illegal are under-educated, have no or low-level skills, and don't earn enough to be taxed enough to support the cost of SS and Medicare payments to/for current retirees, let alone future retirees.
Is it morally acceptable to you to force other people to pay for your bills?
It's just another name for theft, and distribution of stolen goods.
Quote:
Originally Posted by Finn_Jarber
Call it what you wish.
The Congress shall have Power To lay and collect Taxes, Duties, Imposts and Excises, to pay the Debts and provide for the common Defence and general Welfare of the United States
None of which fall under "to pay the Debts and provide for the common Defence and general Welfare of the United States" - the only things the Fed govt is authorized to spend tax money on.
Thanks for agreeing that the U.S. govt has no authority to force other people to pay for my bills.
It is, in fact, theft and distribution of stolen goods.
None of which fall under "to pay the Debts and provide for the common Defence and general Welfare of the United States" - the only things the Fed govt is authorized to spend tax money on.
Thanks for agreeing that the U.S. govt has no authority to force other people to pay for my bills.
It is, in fact, theft and distribution of stolen goods.
Theoretically, they could spend tax money on the items enumerated in Article 1 Section 8, but they've FAR over-reached their Constitutional authority. Means-tested public assistance programs being just one example of their over-reach.
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