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Flux
Social Security is not a "Ponzi scheme." The system has remained unchanged since 1969 and requires reform. Suggestions include raising monthly payments for disabled individuals under 65 to $2,000 (currently below $1,000), removing non-deceased individuals over 120, and cutting the government workforce by 50%. Additionally, reallocating DOD NGO budgets could address financial mismanagement, as the issue lies in misappropriated DOD funds, not missing trillions from Social Security. When is the last time we used a warhead for good to help people get a job, a house, food to survive?
"Ponzi scheme," named after Charles Ponzi, who orchestrated a famous investment scam in the 1920s.
A Ponzi scheme is a type of fraud where returns for earlier investors are paid using funds from newer investors, rather than legitimate profits.
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