Goldman Sachs’ chief vampire squid shows just how stupid (and bad at math) he really is:
He recently stated that Social Security needs to be gutted – because it wasn’t designed to take care of people for 30 years. Here’s the actual quote:
“You can look at history of these things, and Social Security wasn’t devised to be a system that supported you for a 30-year retirement after a 25-year career.”
Whaaa? Someone who takes their first job at 18 or 21 and works until they’re 65 has only worked 25 years? Someone get this guy a calculator. His poor math skills aside, he’s apparently not happy that people have the nerve to live into their 90s, after retiring at 65. People are just living too long. How dare they?