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Boomers. They inherited from their parents; and stole from their children. If any sector is due for a collapse or correction it's our social security. Let it d
by smokeu 10y ago
Boomers.
They inherited from their parents; and stole from their children. If any sector is due for a collapse or correction it's our social security. Let it die on those who bleed it out.
- toomuchtodo 10y agoI'll Longbet you [1] $1000 this will never happen. Taxes will go up to meet the shortfall (and its able to pay out at 100% until something like 2034, dropping to ~75% after that). For social security to fail, the US government would need to fail (its the social program/entitlement equivalent of US treasuries). "...backed by the full faith and credit of United states Government." [1] http://longbets.org/ http://longbets.org/