So yesterday I apparently blew up the internet. I blew up the internet because it's something that I said on this show.

what exactly did I say that blew up the internet? Well, I touched the political third rail. I talked about social security. Now, I know what you're thinking. What's so spicy about social security? And I will admit, I was thinking the same thing because there is a few simple facts in the matter with regard to social security. One, we don't have the money for it, and it's a Ponzi scheme. And two, with regard to sort of the personal decision to retire, very often when people

retire, they're making a bad decision. This is what I said. I want to play you the clip of what I said

yesterday. And then I want to discuss why exactly this was so controversial. And I think it goes deep

to the root of something that's happened on both

the right and the left, which is this weird idea that work is somehow demeaning and bad and

terrible. And that somehow purpose and fulfillment don't come from work and don't come from

church and don't come from families. So where do they come from? That's a broader argument.

We'll get to that in a moment. I want to play you this clip because this apparently set a thousand hearts of flutter. And let's be real about this. It's insane that we haven't raised the retirement age in the United States. It's totally crazy. Joe Biden, if that were the case, Joe Biden should not be running for president. Hey, Joe Biden is 81 years old. The retirement age in the United States at which you start to receive social security and you are eligible for

Medicare is 65. Joe Biden has technically been eligible for Social Security and Medicare for 16 years,

and he wants to continue in office until he is 86, which is 19 years, past when he would be eligible for

retirement.

No one in the United States should be retiring in 65 years old.

Frankly, I think retirement itself is a stupid idea unless you have some sort of health problem.

Everybody that I know who is elderly, who has retired, is dead within five years.

And if you talk to people who are elderly and they lose their purpose in life by losing

their job and they stop working, things go to hell in a handbasket real quick. But put all of that aside. Okay. So those are two arguments. Right. So those are two arguments. One is we have to raise the retirement age. And two is that as a general rule, it is not a good personal decision for people to retire early. And I say even right

there, unless we are talking about people who suffer a physical or mental malady as a result of continued work. So, for example, you're a bricklayer and now you're 65 years old and your back is gone. Obviously, you're going to want to retire from being a bricklayer because you have a physical malady, which I literally said on the show yesterday and everybody is ignoring. But let's go through these arguments one by one. Because the first argument about raising the retirement age or privatizing social security or changing the social security system, this is considered the third rail of politics. And as I said in the show yesterday, Donald Trump hasn't touched it. He's the first Republican in a long time to have basically said the entitlements are off the table. We're not going to do anything about them. And I've said before that's a smart political move, but smart political moves aren't necessarily good for the country. Both parties now argue that we can't touch Social Security, we can't touch Medicare, we can't touch Medicaid. The entitlement programs basically have to stay. The problem with that is that, of course, they're all going to go bankrupt. So politicians obviously

have an incentive to keep kicking the can down the road and pretending that we have unlimited

borrowing power and limited money to pay for a ballooning public debt. That, of course, is their

incentive structure. But I'm not running for office. So I can tell you the truth, which is that if we

don't raise the retirement age or privatize Social Security over time or make any changes to Social Security, we will go insolvent. Social Security is not, in fact, a lockbox. I saw a lot of tweets yesterday from people saying, I paid into Social Security. I'm just taking out what I got in. No, you're not. You absolutely are not. The government stole your money and paid it to somebody else. And now they're stealing somebody else's money and paying it to you. And I promise you that whatever you paid in is certainly not what you're getting out.

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