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Social Security Has Problems, but It’s No Ponzi Scheme
Analysis January 10, 2025 at 05:07 PM
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What You Need To Know
- Some politicians and policy advocates have taken to comparing Social Security to a “Ponzi scheme.
- The label is both inaccurate and misleading, according to Jason Fichtner, a former SSA official.
- The program has real funding problems, but it is not a fraud.
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