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by TLE2
Mon Nov 15, 2010 9:33 pm
Forum: Gun and/or Self-Defense Related Political Issues
Topic: Social Security Isn't An Entitlement
Replies: 56
Views: 8681

Re: Social Security Isn't An Entitlement

Your not paying for your own SS retirement, your paying for the generation before you. That's why after the WWII baby boomers retire, the funding gets a little thin.

What we need to do is bite the bullet (so to speak) and change the funding to "own generation". Right now I think there are about 4 workers paying for every retiree. When I retire that will be down to about 3 to 1.

A social security overhaul will be costly in the short term but will eliminate forever the cross generation funding problem.

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