(May 27, 2016 at 3:35 pm)Tres Leches Wrote: My company did away with pensions and I keep hearing that Social Security will run out of money. Will I still have to work when I'm 80?
This one's a lie, spread by fuckwads like Herr Oberststummbahnfuhrer Drumpf and other oligarchs to allow them to kill social security programmes. Social security programmes rarely run out of funds since Reichskansellor von Bismarck introduced the idea in the 1880's, mainly because in most countries the employment level is high enough to keep money coming into the system.
The exceptions are cases like after Wall St. crashing in 1929 when the world economy goes tits up, or cases where the government decides it's a good idea to privatise management of the funds, thus massively increasing fees paid out and massively increasing the riskiness and chance of fraud in investments by the state social security funds.
Urbs Antiqua Fuit Studiisque Asperrima Belli
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