Birdwatch Archive

Birdwatch Note Rating

2023-02-01 00:46:36 UTC - NOT_HELPFUL

Rated by Participant: 5F3FEEEA4B65ED345DAE872C369EBD16D567DEAC24EF4BC2780EA275F1673238
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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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Original Tweet

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