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4 days agoI understand what he is saying. It kinda looks like one at first glance, because contributions from current workers go first to pay current retirees.
But that’s how private insurance and retirement plans work too. The only difference is that private ones also benefit some rich CEOs at the top who have a vested interest to not distribute the funds.
Private company banning hate speech: “omg, what about my free speech?”
Government banning use of certain words and calling protests illegal: “finally rooting out waste, fraud and abuse!”