Social Security FAQ

All you need to know about the federal government's retirement program

Social Security — it’s a lot of the federal budget and takes a lot out of our paychecks. But what is it exactly and does it really benefit us? To answer those questions, I made this FAQ.

Social Security FAQ

Q. What is Social Security?

A. Social Security is a program started by Franklin Delano Roosevelt (a racist Communist) to fund people in their retirement.

Q. How does it work?

A. Money is taken out of every paycheck from your entire life to pay for it.¹

Q. And that money is invested?

A. No.

Q. Well, what is done with it?

A. It’s given to people receiving Social Security based on what they paid in.

Q. So, it’s a Ponzi scheme?

A. No, it’s not.

Q. How is it not a Ponzi scheme? Instead of any actual investments, it’s only solvent as long as more people keep paying into the system.

A. Charles Ponzi was never able to point a gun at millions of people and demand they keep paying into his schemes. If he could, he would have been able to keep the scheme going much, much longer.

Q. So it’s a Ponzi scheme where people are forced to pay into it even if they know it’s a Ponzi scheme?

A. I guess that’s fair. It’s a horrible scam, and everyone knows that, but it doesn’t matter because people still need to pay into it to not end up in prison.

Q. So, since the government can keep forcing people to pay into it, then it will keep paying out?

A. Oh, no. No no no. With people living longer, the ratio of people getting a payout versus those paying in will keep increasing. It’s expected by 2041 that Social Security will no longer be able to meet its current payout… which just happens to be the year I’ll first be eligible to get Social Security.

Q. So what can we do?

A. Revenge.

Q. Sorry, what?