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Reply to "A good reason to raise taxes "
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[quote=TheManWithAUsername][quote=takoma]Ponzi or not? A Ponzi scheme uses new investors to pay off the old ones, and if there is to be profit, the number of investors must rise exponentially, which is obviously unsustainable. Social Security has the similarity that money from today's workers is used to pay today's retirees. But just as in families where some members support others, this is sustainable if there are enough earners compared to the non-earners. So the issue is how many retirees can be supported at what level, and not one of Ponzi unsustainability.[/quote] I just heard an expert from the Heritage Foundation dismiss that comparison as ridiculous. How fringe are the Rep candidates going to get?[/quote]
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