🦊 OneRedFox 🦊@beehaw.orgM to

Socialism@beehaw.orgEnglish · 14 hours ago

Why Social Security Is Not a Ponzi Scheme

www.currentaffairs.org

2

17

Why Social Security Is Not a Ponzi Scheme

www.currentaffairs.org

🦊 OneRedFox 🦊@beehaw.orgM to

Socialism@beehaw.orgEnglish · 14 hours ago

2

Old age insurance is not a scam, and it’s not destined to collapse. Proponents of privatizing or eliminating Social Security are constantly telling lies about it.

Chat

karashta@lemm.ee
link
fedilink
arrow-up
5·
13 hours ago
Because the federal government creates money ex nihilo and can always service its debts when it chooses.

You paying into it has nothing to do with its solvency.

Socialism@beehaw.org

socialism@beehaw.org

You are not logged in. However you can subscribe from another Fediverse account, for example Lemmy or Mastodon. To do this, paste the following into the search field of your instance: !socialism@beehaw.org

Beehaw’s community for socialists, communists, anarchists, and non-authoritarian leftists (this means anti-capitalists) of all stripes. A place for all leftist and labor news and discussion, as long as you’re nice about it.

Non-socialists are welcome to come to learn, though it’s hard to get to in-depth discussions if the community is constantly fighting over the basics. We ask that non-socialists please be respectful and try not to turn this into a “left vs right” debate forum by asking leading questions or by trying to draw others into a fight.

This community’s icon was made by Aaron Schneider, under the CC-BY-NC-SA 4.0 license.

Visibility: Public

This community can be federated to other instances and be posted/commented in by their users.

64 users / day
185 users / week
414 users / month
1.29K users / 6 months
1 local subscriber
2.91K subscribers
1.94K Posts
2.47K Comments
Modlog