Why Liberalism is a mental disease

[Potus]

Look at your original quote:

By the way, life expectancy was lower than social security collection age when it was passed in 1935. It was designed to pay out 0 basically.As life expectancy increased, it became a ponzi scheme by default. To accomplish social security's original intent, you would have to raise retirement age to 75+

Where as the SSA says:

If we look at life expectancy statistics from the 1930s we might come to the conclusion that the Social Security program was designed in such a way that people would work for many years paying in taxes, but would not live long enough to collect benefits. Life expectancy at birth in 1930 was indeed only 58 for men and 62 for women, and the retirement age was 65. But life expectancy at birth in the early decades of the 20th century was low due mainly to high infant mortality, and someone who died as a child would never have worked and paid into Social Security. A more appropriate measure is probably life expectancy after attainment of adulthood.

So clearly you're wrong because children were dying at early ages, they never were on the SS roles, they never paid dues, hence it wasn't a Ponzi scheme.

As to your claim it goes insolvent when people live longer, that SS was never designed to pay out anything... ERRR wrong again, your crappy Ron Paul talk radio bullshit has failed you again:

Also, it should be noted that there were already 7.8 million Americans age 65 or older in 1935 (cf. Table 2), so there was a large and growing population of people who could receive Social Security. Indeed, the actuarial estimates used by the Committee on Economic Security (CES) in designing the Social Security program projected that there would be 8.3 million Americans age 65 or older by 1940 (when monthly benefits started). So Social Security was not designed in such a way that few people would collect the benefits.

As Table 1 indicates, the average life expectancy at age 65 (i.e., the number of years a person could be expected to receive unreduced Social Security retirement benefits) has increased a modest 5 years (on average) since 1940. So, for example, men attaining 65 in 1990 can expect to live for 15.3 years compared to 12.7 years for men attaining 65 back in 1940.

What a shock, a worthless antisemite who reads unabomber manifestos is wrong.