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Politics : Formerly About Advanced Micro Devices

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To: Jim McMannis who wrote (103970)4/11/2000 7:04:00 PM
From: pgerassi  Read Replies (1) of 1570708
 
Dear Jim:

That ratio will be when the current twenty somethings start to retire. The "Baby Boomers" start retiring in 7 years (2007 - 1945 = 62). The ratio will be about 2 to 3 workers for each retiree. Congress delayed retirement for those born after about 1955 by two years. The BB's will stop retiring at about 2031 (2031 - 1964 = 67). Congress will have to fix it long before that.

No matter what, the "Workers" have the final say. They do not "Have" to work. If they can not keep a decent lifestyle while working, then they will not work. This causes the economy to collapse and everyone will be P.O. at the government.

Pete
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