3 ms·
Impossible to tell, but there's factors making it more likely to happen this time than in previous generations. Probably the biggest factor is the declining pop
by ashleyn 10mo ago
Impossible to tell, but there's factors making it more likely to happen this time than in previous generations. Probably the biggest factor is the declining population, which no government around the world has been able to materialise an answer to.
My personal retirement plans assume no social security. Anything I may get in old age is a nice bonus, but in my planning, it's not the beef.
- kevin_thibedeau 10mo agoCouple that with the out of control deficit spending. The US is bankrupting itself and the music will eventually stop.
- ashleyn 10mo agoThere's a damn good reason i hold very few bonds.
- amypetrik8 10mo ago>which no government around the world has been able to materialise an answer to. I disagree. The whole hot political topic of "illegal immigration" is as a side effect - seemingly a successful solution to motivate (foreign) people to bump the population. Specifically - "if you have a kid in the US, the kid is automatically a citizen, you don't have to pay taxes, you don't need a green card, you work under the table so make $0 on paper and thus qualify for free food and housing (welfare) and free healthcare (medicaid)". Honestly if we gave such a deal to young non-foreign american women free and clear, likely we'd be seeing a lot more childbirths. Despite all the economic burden and political strife this program has caused, it may in fact extend the life of the nation and welfare.