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  • The full retirement age is 67 and the lifespan is 80, so when they first conceived Social Security, they didn't think they were going to be paying benefits for 13-15 years. That's one of the reasons why this pyramid scheme isn't working.

    "Joe Heck: Social Security 'a pyramid scheme'". Interview with David Catanese, www.politico.com. June 3, 2011.
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