11-07-2008, 03:17 AM
This is a horrible world: war is necessary: get over it.
Social security is not tenable.
"In 1950, there were 16 workers per one putting money into the system—which means that when somebody retired, there's 16 workers contributing to that person's retirement. Today there's 3.3 workers contributing for each beneficiary. And when youngsters retire, it's going to be 2.1—two workers per beneficiary. In other words, the burden of paying for retirees is increasing on workers."
—President Bush, February 10, 2005
http://www.epi.org/content.cfm/ib208
Social security was not designed to deal with the kind of population dynamics we have today. More people are living to retirement, and more retirees are living longer. It's not a question of whether or not to put an end to the system, it's a question of whether or not we wait until it implodes and we're left with nothing but a giant tax burden.
Social security is not tenable.
"In 1950, there were 16 workers per one putting money into the system—which means that when somebody retired, there's 16 workers contributing to that person's retirement. Today there's 3.3 workers contributing for each beneficiary. And when youngsters retire, it's going to be 2.1—two workers per beneficiary. In other words, the burden of paying for retirees is increasing on workers."
—President Bush, February 10, 2005
http://www.epi.org/content.cfm/ib208
Social security was not designed to deal with the kind of population dynamics we have today. More people are living to retirement, and more retirees are living longer. It's not a question of whether or not to put an end to the system, it's a question of whether or not we wait until it implodes and we're left with nothing but a giant tax burden.
![[Image: rsz_jqvaz_1.jpg]](http://z6.ifrm.com/4805/72/0/p1022159/rsz_jqvaz_1.jpg)