Quote:
Originally posted by wonderwench
And how many people did it harm? Our grand parents were fortunate to be part of the early beneficiaries of this Ponzi scheme - the ratio of workers to beneficiaries was quite high.
So, in order for your grandmother to feed herself, we now have a monster. The SS "lock box" (has there ever been a more cynical phrase) has been borrowed against with government bonds as collateral. This looting has enabled explosive growth in government spending - shackling your grandmother's great grandchildren with ever increasing taxes and lowered economic expectations.
Wouldn't we all have been better off if your family had kept its money and assisted your grandmother instead?
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It seems like your blame is misplaced. From your statement, the fault was with taking earmarked money and spending it elsewhere, not in the development of a social safety net.
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