Birdwatch Note Rating
2023-07-01 08:06:31 UTC - HELPFUL
Rated by Participant: 049E9E249CF132BD220934A2301413303C9F83D5CC0D861A6488BB5A903CCA42
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Original Note:
Social Security is a Ponzi scheme. https://www.pbs.org/newshour/nation/americas-ponzi-scheme-why-social-security-needs-to-retire Past "investors" (current retirees) are seen as being paid from funds collected from current "investors" (future retirees). https://www.diffen.com/difference/Ponzi_Scheme_vs_Social_Security https://www.forbes.com/sites/johngoodman/2015/08/13/why-was-social-security-designed-like-a-ponzi-scheme/
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