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by tim333
464 days ago
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In most countries, certainly the UK where I live social security payments in are made from workers to the government. At the same time the government pays out social security to those in need. There is no fund, payment in approximately matches payment out. It is not a ponzi scheme, it's normal government taxing those with money and paying out to those in need. It's nice the US has a fund but it's not necessary. |
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