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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: TimF who wrote (211786)11/16/2004 8:36:12 AM
From: Road Walker  Read Replies (3) | Respond to of 1573427
 
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



To: TimF who wrote (211786)11/25/2004 4:56:22 AM
From: Joe NYC  Respond to of 1573427
 
Tim,

But the trend in population growth is headed down.

It is more about ratio of contributors and recepients. Because of improved longevity, the ratio of contributors to recepients is shrinking.

Any improvement in health and longevity pushes the nation further into financial jeopardy.

It truly takes the logic of a liberal to come up with a program such as SS, where any improvement of health and longevity of the population becomes a tragedy.

Joe


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