[dnu]

The pay-go pension system is a huge ponzi scheme because it needs more and more people into the game with each generation. It lasted less than a century and it's on the edge of collapse now. Why should we postpone the inevitable?

[tsotha]

>The pay-go pension system is a huge ponzi scheme because it needs more and more people into the game with each generation.

Depends on the ratio of the people paying in to the payout. Social Security would be pretty easy to fix by reducing the payout a bit and raising the tax a bit. The big problem, of course, is Medicare, and I expect that's why a single payer plan is inevitable in the US.

These programs have problems as currently constituted, but they're fixable even if the population isn't growing. However, whatever problems we have will be exacerbated if the number of people working is actually falling.

[lucian303]

I don't think anything will be postponed despite anyone's efforts. Let's face it, if you're not about to retire you will have no SS. And if you are, you will get so little you won't be able to live off of it.

Sad but true. And most Americans are afraid of socialism because they think it's somehow related to communism. No wonder there is never any progress in this country.