.@AP says Weekly GOP Address calls for "closing tax loopholes, lowering rates, & fixing entitlement programs" #4jobs http://j.mp/RLs5bc
Stop blocking shit. RT @SpeakerBoehner Weekly GOP Address calls for "closing tax loopholes, lowering rates, & fixing entitlement programs"
@natogreen @SpeakerBoehner @AP Agree! And means-test and raise the retirement age to 70. SS is a Ponzi scheme, but a promise we made..
@natogreen @DaleBoyce2013 Ponze is taking money from A to pay B. This is a great example of a Ponzi Scheme. A 401K is the example to cite.
@natogreen By Ponzi scheme I mean it works only when the number of people paying in outnumber the people receiveing benefits.
@natogreen @SpeakerBoehner @AP Unlikely to have desired effect. Don't forget employers pay half too.
http://www.economics21.org/commentary/why-raising-social-securitys-tax-cap-wouldnt-eliminate-its-shortfall …
#problemsolved
@grthompson63 We may desire different effects.
@pnr9 You're unclear on what a ponzi scheme is. You pay in, you get back, unless a knucklehead privatizes it so you can gamble on stocks.
@natogreen @DaleBoyce2013 Maybe Nato should read about Ponzi schemes before displaying ignorance.
@caldodge @DaleBoyce2013 you must be confusing ponzi scheme with ponzu sauce.