How Social Security Works - HD version

Another HD version of an earlier video.

Understanding how Social Security works is vital to seeing what a horrible scheme it is and how we need to end it before we all go broke.

Here's a link explaining Galveston County's benefits system: http://www.ncpa.org/pub/ba514

Category:

Education

Tags:

• social
• security
• ponzi
• scheme
• scam
• pension
• fraud

[khijasmith]

you have some great stuff here

[BolnoyBratchny]

thanks for your work. I have learned a lot from your videos.

[sprattysy]

great video thanks

[GuitarMannnnnn]

What's the best way to be socially secure? Isn't it obvious? Provide all of your personal data to a single organization which documents your social information into a giant, national database! Now you're socially secure.

[shanedk]

@headlessmonkey4all There are places in the world, such as Germany and Japan, where the population is decreasing.

[shanedk]

@headlessmonkey4all You realize, of course, that you're completely ignoring Say's Law?

[headlessmonkey4all]

@shanedk but right now, the population is going up, and does not look like it's going down, hence the growth of supply.

[headlessmonkey4all]

@shanedk if the population drops then the price of labor goes up.

[shanedk]

@headlessmonkey4all Even if the population drops? How does that work?

[headlessmonkey4all]

@Virgil0211 yes, the labor supply is aways increasing.

and about the rest, why is what your saying true?