"As for contributing citizens getting "screwed": in a way, they won't get the endless benefits previous people got but most will still get out more than they paid in." Sounds like a roll of the dice. Good luck getting the people to vote for this outcome not knowing their risks.
"That's why it's going bankrupt: the worker base cannot expand fast and far enough to maintain the pyramid." I don't think that's the only reason. My father and grandfather argued this point of SS would go bankrupt back in the 60's or 70s. I remember them arguing that government was using the huge SS funds for other debts. Listen, the baby boomers contributed a great deal of money into SS and now they are going to want their due.
"That's why it's going bankrupt: the worker base cannot expand fast and far enough to maintain the pyramid." I don't think that's the only reason. My father and grandfather argued this point of SS would go bankrupt back in the 60's or 70s. I remember them arguing that government was using the huge SS funds for other debts. Listen, the baby boomers contributed a great deal of money into SS and now they are going to want their due.

Comment