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The only reason this is an issue is because of how governments setup the social security system. Each generation should have to pay for their own retirement not
by AdamM12 8y ago
The only reason this is an issue is because of how governments setup the social security system. Each generation should have to pay for their own retirement not the next. Manufactured issue imo.
- awinder 8y agoI agree with the manufactured bit, but given that generations are fluid, and alternative policies exist for realigning bad tax policy (inheritance tax), i fail to see any kind of grand problem. SS in the US will run up to a 10 trillion dollar deficit in a country with, currently, 240 trillion in assets? And a military that spends half a trillion a year without that total being a problem? Yeah, I call BS.
- AdamM12 8y agoI also have an issue with our military spending but this post is in the context of SS so that is what I was discussing. Unreasonable expectation to have to list all the different issues with the govs spending. At some point the gov needs to get its spending together because it will just lead to massive austerity on its citizens.