Thursday, February 17, 2005

Social Security for Dummies

On NBC's Today Show this morning: Boston College econ students visually explain the Social Security system using snowballs ("payments"). Some students represent "workers" who toss "payments" (snowballs) to students representing "retirees." Surplus "payments" end up in the "trust fund" (a pile of snowballs).

Not shown: the "government" stealing snowballs from the "trust fund" to take care of budget shortfalls. This could have been represented by the BC students' professor stealing the stored snowballs and fashioning them into a Bradley Fighting Vehicle.

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