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      09-18-2012, 04:53 PM   #26
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Originally Posted by MiddleAgedAl View Post
I'm not sure I will have the option, because the benefits may not fully exist in the same state they do know.
Certainly kids graduating high school today will almost certainly not have that option unless something changes.
But, you want to do away with gov't dependents so that doesn't matter. LOL

As I've said before, the demographics are conspiring against us. That's not a left vs right thing, that's a basic math thing.

Back in the mid-60's there were 3 or 4 working people contributing to the pool of money that each retired taxpayer drew from, in terms of medicare and SS. Then, a retired person only consumed from that pool for an average of 10 years or less.

Today, that ratio has dropped in half in terms of contributors vs retired, but the average length of time a person consumes a benefit has increased by almost 10 years. These numbers are continuing in that direction. That will not sustain itself long term.

You can have 4 people supporting 1 guy for 10 years, you cannot have 2 (or less) people supporting one guy for 20 years, unless the level of support he gets is diminished, or you tax the living daylights out of those 2 working stiffs.
Perhaps you may want to address that damn life expectancy for increasing, ya know.... (Common sense 101)

Also, what about the restructuring of 401K and retirement packages where people are putting in years and their place of employment are giving them a see ya later cake and a pat on the back? You wonder why so many depend on SS?

That is why the democratic party attitude scares the shit out of me, not because I am cruel and want grampa to suffer, but because I cant see a way the numbers can work out in the end without scaling back stuff like that drastically.
Your statement shows how you're aligned to party talking points because SS is not party specific. All have access to it. Even McCain collects social security!!!!

If you can offer any mathematically sound explanation for how this is not a big problem, I would love to entertain that, it would certainly help me sleep at night.
It's a problem, definitely. But only if one is using SS as a back up plan to sustain themselves in their later years. I'm not.