On the recordMarch 1, 2025
Unfortunately, Social Security surpluses were spent and never invested in assets that have value to the U.S. Government. It is a legal Ponzi scheme.
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newsweek.comEditor's note · Context
Ron Johnson claims Social Security operates like a Ponzi scheme due to mismanagement of funds.
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May 14, 2025
The amount that they’re looking to reduce spending is about 1.3%. It’s a rounding error. It’s completely inadequate.
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