SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Formerly About Advanced Micro Devices

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: TimF who wrote (211786)11/16/2004 8:36:12 AM
From: Road Walker  Read Replies (3) of 1573439
 
re: Social Security like any Pyramid scheme relies on new entrants to pay off the recipients. If the population is growing fast enough, and if the government can force people in to the scheme it can work for a long time, certainly much longer than most schemes. But the trend in population growth is headed down.

First, I'm not sure population growth is currently headed downward.
npg.org

Second, as I said, there will be times when SS is underfunded, and times when it is overfunded. We are about to enter a time when it is underfunded, but when the echo boomers reach their peak earnings years, it will probably again be overfunded (as it is right now).

Another interesting map from the same site... Ted, if you are listening, look at the growth in the red states. npg.org

John
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext