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The Basement
Greetings to all my "employees"......
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<blockquote data-quote="John Roberts" data-source="post: 73587" data-attributes="member: 126"><p>Re: Greetings to all my "employees"......</p><p></p><p></p><p></p><p>Now you're confusing me. I though social security was just getting back money we paid into the fund over the years? </p><p></p><p>How could the government possibly pay out more money than it took in? </p><p></p><p>It's not like they could borrow that much money or just print more, forever? </p><p></p><p>With declining birth rates we could end up with less people paying in than taking out, so any Ponzi-like (Madoff-like?) finance scheme would surely collapse over time. </p><p> </p><p>hmmm, those guys running government must be pretty smart, or pretty dumb. </p><p></p><p>JR</p></blockquote><p></p>
[QUOTE="John Roberts, post: 73587, member: 126"] Re: Greetings to all my "employees"...... Now you're confusing me. I though social security was just getting back money we paid into the fund over the years? How could the government possibly pay out more money than it took in? It's not like they could borrow that much money or just print more, forever? With declining birth rates we could end up with less people paying in than taking out, so any Ponzi-like (Madoff-like?) finance scheme would surely collapse over time. hmmm, those guys running government must be pretty smart, or pretty dumb. JR [/QUOTE]
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Greetings to all my "employees"......
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