Birdwatch Note Rating
2023-02-02 00:00:25 UTC - SOMEWHAT_HELPFUL
Rated by Participant: 2349B00C4FE338762E4BE8DF89544A266976A689330ADBF37DB1C1A98E110451
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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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