Americans losing faith in Ponzi scheme

You don’t say:

A USA TODAY/Gallup Poll finds that a majority of retirees say they expect their current [Social Security] benefits to be cut, a dramatic increase in the number who hold that view. And a record six of 10 non-retirees predict Social Security won’t be able to pay them benefits when they stop working.

Skepticism is highest among the youngest workers: Three-fourths of those 18 to 34 don’t expect to get a Social Security check when they retire.

Actually, this seems low. A quarter of young people think they might get Social Security? Other than wishful thinking and/or ignorance, I can’t account for it. Social Security is already losing money, nine years early.

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