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Power the Future CEO Dan Turner defended calling Social Security a "Ponzi scheme" during House hearing.
During a House oversight hearing, Dan Turner, CEO of Power the Future, was questioned by Rep. Robert Garcia over a past tweet calling Social Security a "Ponzi scheme."
Turner defended his statement, arguing that the system transfers money from young workers to current beneficiaries rather than saving it, potentially leading to a future default.
Critics like Turner see this structure as similar to a Ponzi scheme.
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El director ejecutivo de Power the Future, Dan Turner, defendió llamar a la Seguridad Social un "esquema Ponzi" durante la audiencia de la Cámara.