Secure Da Bag
Veteran
MSN
www.msn.com
"And unless you are going to grow the number of investors at an exponential rate, that system is eventually going to collapse. Well, since we can't grow the workforce at an exponential rate, especially today when our population is actually in a state of decline, you're not going to be able to sustain a Ponzi scheme like Social Security," Antoni continued. "Eventually you need to sunset the program."
Antoni said current benefits need not be touched, but future retirees should not rely on the program. He advocated for transitioning to a system that uses private accounts "for just them."
"There's plenty of money available to pay for folks who are already retired," he said. "But the people who are going to retire 10, 20, even 30, or certainly 40 years from now—I'm sorry, but the program is not going to be viable at that time."
Antoni argued for "some kind of transition program where, unfortunately, you'll need a generation of people who pay Social Security taxes but never actually receive any of those benefits," he continued. "And that sounds harsh, but unfortunately that's the price to pay for unwinding a Ponzi scheme that was foisted on the American people by the Democrats in the 1930s."
He's not just getting rid of COLA but the whole damn Social Security. I wouldn't be surprised if Medicare/Medicaid is next up.

Just a reminder they tried this during Bush Jr's run. It did not go well.