Nick Freitas: Social Security is a ‘Ponzi scheme’ — and America is running out of time

Millions of Americans have spent their working lives paying into Social Security, counting on the government to deliver the retirement benefits they were promised — and that promise isn’t being kept.

BlazeTV host Nick Freitas argues that it’s because Social Security operates less like a traditional retirement account than a system that uses today’s workers’ contributions to pay today’s retirees, leaving future generations to shoulder an increasingly difficult burden.

“There’s been a lot of … Boomers that have said, ‘Well, of course, we, you know, younger people should pay more taxes in order to make sure Social Security is solvent,’” Freitas says.

“Social Security,” Freitas says, “essentially operates like a Ponzi scheme.”

“Now, when I say this, people get mad at me. But I want you