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Reason
Reason
J.D. Tuccille

Social Security Approaches Its Day of Reckoning

Social Security is very popular with Americans. Large majorities of Democrats and Republican like the program and want it to continue with no cuts in benefits, no increase in costs to taxpayers, and no real reforms of any kind. Unfortunately, Social Security is and always has been a scam that is rapidly approaching collapse. Economists point out that something has to give if the program is to avoid catastrophe, and so do the trustees who run Social Security.

A Ponzi Scheme With Federal Backing

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