Social Security can't be sustained
This is in response to Ms. Rossi's letter on Social Security. Social Security is the biggest Ponzi scheme in the world. Right now it consumes 20.8 percent of all the money that comes in to the federal government. When Social Security started in 1935, the average life expectancy was 61.7 years. In 2006 it was 77.7. The average person pays in enough to pay for four years of benefits. So, if you retire at 66, you have paid for benefits to reach the age of 70. It takes 3.3 workers to pay for every person on Social Security. Some other way to fund this program will have to be established as it cannot be sustained by the process we now have.
Jim O'Toole
Libertyville
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