8/31/11
Sounds like a model for an entire economy
Perry Revives Social Security 'Ponzi Scheme' Rhetoric : NPR: "Social Security does share one important feature of a Ponzi scheme. The money that today's workers pay into the system goes right back out the door to pay current beneficiaries. That hasn't been a problem for the system so far, but the future presents a challenge. Retirees tend to live a lot longer now than they did in the 1930s. And as Sen. Mark Warner (D-VA) told CBS, there are now fewer workers paying into the system for every retiree taking out."
Subscribe to:
Post Comments (Atom)
-
A Setting for a Poem "Denial" Beloved by the Greek People by the Nobel Prize Winning Poet Giorgos Seferis http://www.youtube.c... -
Japan tsunami debris expected on Alaska shores soon: Earthquakes | Alaska news at adn.com : "Debris from the March 11 Japan tsunami has...
-
Chicago magazine | What Happened Between David Protess and Medill? : Apparently still untangling or tangling depending on your POV. Global O...
No comments:
Post a Comment