Social Security a Legalized Ponzi Scheme: Will It Require Fewer Withdrawals?

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From the New Mexico Independent - House Republican Minority Leader John Boehner, said earlier this summer that if the Republicans regain control of the House this year, among the initiatives they would likely consider would be raising the age of social security retirement to 70. The Independent asked the six candidates for New Mexico’s three congressional seats whether or not they thought the age should be pushed to 70, and what we found was a decided reluctance to endorse the idea. Only Tom Mullins, the Republican challenger in New Mexico’s northern Congressional District 3 said he believed raising the retirement age is inevitable. Mullins is running against Congressman Ben Ray Lujan, who didn’t directly answer the question, instead affirming that the social security program needed to be protected. Read more here:

Social Security a Legalized Ponzi Scheme: Will It Require Fewer Withdrawals?