- If you have a pulse you know Social Security is a Ponzi sheme. (If you don’t have a pulse but you’re still reading blogs…apparently you’re dead and my blog is a hellish eternal torment. Sorry about that. Hope you had fun on Halloween.)
- Everyone knows that Ponzi schemes are inherently doomed. (They’re also illegal.)
- Everyone younger than a certain age knows Social Security won’t be there for them. If you didn’t know that, read and memorize the last sentence. Act accordingly. You’ve been warned.
David Spade is 47 years old. He is old enough to know that there will be no (or very little) Social Security left for him. If you're about 47 and are counting on Social Security you're dumber than Joe Dirt. You don't want to be dumber than Joe Dirt!
- Thus Social Security is the rare sort of train wreck that is known decades in advance and it happens anyway.
But I am remiss. I failed to monument the year 2010 as the time when the end game began. Not that it matters. It was a done deal years ago. Many years of rudderless navel gazing procrastination made it mathematically unavoidable.
However, for the record, the year was 2010. I refer you to the Washington Post:
Note: The Washington Post requires a free login. You don’t have to bother. (I didn’t.) I’m merely using the link to officially mark the occasion.