Comments by "Scott Franco" (@scottfranco1962) on "Why Europe Sucks For Young People" video.

  1. You characterize this as a transfer from the young to the old, but seniors paid taxes for this throughout their lives. Is the outcome unequal to income? Sure, but that is government mismanagement of the money. Any reasonable calculation shows that the private sector could have done better with that money. What governments got out of the system, which nobody talks about, is a guarantee that the old won't end up on the welfare rolls, and the street. I am a standard American retiree. I reached full retirement age, filed for social security, and kept on working. The SS money is not enough to live on unless I sell all of my assets. In the meantime, I work, I am perfectly able to, and I both pay into the system as well as get money from it.
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