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by Gunax
2417 days ago
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No generation of social security workers has ever funded itself--each generation has taken out more than it put in. SS is solvent because each subsequent generation has been larger and wealthier than the past. What we have done is voted in politicians who have promised us SS pensions, but not actually funded those pensions. Instead the debt is going to fall upon young adults who were kids/unborn when said promises were made. Yes, everyone gets old. That doesn't entitle us to puts debts on people who had no say in the matter. It's really not much different from me borrowing money and promising my child's future earnings to pay it off. |
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