How Many Are Collecting Social Security Who Shouldn't Be?

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41

Maybe the government should get out of the ponzi scheme business. Normal people go to jail for setting up such payment systems.

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42

I agree on that. I am not a fan of a nanny state. The SSA is a “people can’t think for themselves, so we will” nanny state idea. I would be happy for it to go away and to manage my own earnings.

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43

SSI was set up as a Ponzi scheme. Even worse, they excess revenue was “loaned” to other govt agencies. That money will have to be repaid sometime in near future.

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44

I won’t be baited in any language. Case closed.

45

I have one comment, perhaps it’s more of a rhetorical question. From the article:
“The S.S.A. also has other problems with improper payments, including overpaying real-life beneficiaries who don’t accurately report their income or work status. While those improper payments add up to billions of dollars annually, they amount to less than 1 percent of what the agency spends on benefits every year.”

This only adds up to billions of dollars annually. Just like trying to quantify the line “everyone needs to pay their fare share”, what percent or billions of dollars of waste and potential fraud of taxpayer funds is an “acceptable” number to .gov or to the citizens paying the tab?

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