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To: ManyMoose who wrote (2641)	12/27/2012 2:23:11 AM
From: goldworldnet	1 Recommendation Read Replies (1) \| Respond to of 125061

Today the worker to recipient ratio for Social Security is reported between a low of 2.8/1 and a high of 3.3/1. By the 2020 time frame when the last of the baby boomers start retiring it is estimated to bottom out between 2.0/1 and 2.2/1. In 1950 the ratio was over 16/1 and in 1975 it was about 3.7/1. * * *

To: ManyMoose who wrote (2641)	12/27/2012 2:30:49 AM
From: unclewest	2 Recommendations Read Replies (1) \| Respond to of 125061

Isn't that an artifact of the Baby Boom generation? Yes. The point is that census bureau chart shows in stark numbers the increase in retiring boomers. It is a phenomena that continues for about 10+ more years. These folks have greatly reduced income and therefore spend much less dragging the economy. They are also a bigger drain on SS and medicare. They are not available to participate in any recovery. The book explains it much better than I am.