A Ponzi scheme (/ˈpɒnzi/, Italian: [ˈpontsi]; also a Ponzi game) is a form of fraud that lures investors and pays profits to earlier investors with funds from more recent investors. The scheme leads victims to believe that profits are coming from product sales or other means, and they remain unaware that other investors are the source of funds. A Ponzi scheme can maintain the illusion of a sustainable business as long as new investors contribute new funds, and as long as most of the investors do not demand full repayment and still believe in the non-existent assets they are purported to own.
Sounds a lot like Social Security to me. Well, not exactly, but pretty close. There are no profits or illusions of profits, but the part about the whole system being dependent on new money constantly coming in is spot on. The money we are now collecting doesn't come from the money we paid in while we were employed. That money is long gone, paid out to retirees who were drawing from the system at the time. Importing more people will not help as long as they keep exporting jobs at the same time. People need to be employed in the U.S. to pay into U.S. Social Security. People employed in Red China might be paying into the Red Chinese Social Security, but they are certainly not paying into ours.
Of course we don't have problems with crime, traffic, and pollution in Beaglesonia. That's why I moved here. If, however, thousands of people a day started swarming in here, we would soon be having those problems like every other overcrowded place. When the cities and suburbs run out of room, all those extra people will have to go somewhere. I will likely be long gone by then, but I would prefer to leave this land in better shape than I found it.
It's true that we are all descendants of immigrants, and that the indigenous people did not always welcome them with open arms. Too bad for them, it's our country now. Allowing different immigrants to take it away from us will not result in the land being returned to the original occupants, it will just give both us and the originals a different bunch of usurpers to deal with.
I didn't get any of these ideas from Trump, for all I know he got them from me.
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