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I don't know much about details of the USA Social Security model, however from what I recall doesn't it effectively require continued economic growth to plausib
by PeterisP 4y ago
I don't know much about details of the USA Social Security model, however from what I recall doesn't it effectively require continued economic growth to plausibly be able to pay out what it should without significantly raising the starting age to decrease the number of years it pays out?
- rr888 4y agoThere is definitely a problem with people living longer and bulge of baby boomers. There are alternatives to fund this such as raising taxes or debt, but yes likely people will have to work longer if they keep living longer.