Ep. 1852 - This Is The Greatest Scam In American History. It's Time To End It.
Summary
Matt Walsh argues that Social Security is an unsustainable Ponzi scheme that unfairly burdens young workers to fund the retirements of wealthier boomers. He highlights a study showing retirees gambling their checks and cites Cato Institute data proving that 89% of seniors prefer higher taxes on youth over benefit cuts. Walsh critiques past reform efforts, including George W. Bush's privatization plan, and blames the 1960s and 1980s for creating massive unfunded liabilities. He concludes that the system must eventually end, advocating for a phased wind-down to prevent financial disaster for …
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