Perpetual Racket

"Now, tomorrow you collect $400 from Del Rio. And if I tell you to break a guy's nose or thumb as a 'late payment notice,' you do it!"
--Gazzo (Rocky)

Why is Social Security (and any other entitlement program for that matter) a ponzi-like racket? The poster below explains it well.

How it works:
1. Government robs generation A.
2. Generation A gets old.
3. To pay for generation A's welfare/social security, they rob Generation B.
4. Generation B gets old.
5. To pay for generation B's welfare/social secuirty, they rob Generation C. https://t.co/g6YCB2WxuD

— Eric July (@EricDJuly) January 24, 2020

Another name for this is generational theft with the government serving as strong-armed agent for the robbing generation. Once implemented, it's hard to stop because the older 'paid in' generation feels that they are naturally entitled to what's theirs by 'social contract.'

A new generation may complain up front, but once it antes in, it's hooked. First you get robbed, then you rob.

Perpetual racket.