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

To: SilentZ who wrote (374883)	3/24/2008 6:32:49 PM
From: TimF	Respond to of 1576323

"Proper planning" in terms of keeping the social security system reasonably affordable when the baby boomers retire would mean cuts in benefits that would be politically contentious to say the least. It isn't an issue that simply goes away with good planning. You have to make cuts, or you have to have extremely high taxes or both. And booms are not the only issue. The longer term issue is that life expectancy goes up, while fertility has gone down. If you want to make up for the fertility drop with immigration, or you think you can get Americans to have a lot more kids, than perhaps you could stave off the longer term problem, but you would only run in to it again later at higher, perhaps much higher population levels. You can't keep up rapid population growth forever, but when you switch to stable population or very slow growth than the problem comes back (or at least it does if you don't raise the retirement age, and not just by a little bit)