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View Diary: Hell, No! Social Security Contributes Nothing To Deficit (119 comments)

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  •  yes; they fixed it regressively (0+ / 0-)

    by raising the payroll tax.  but again, gen z will have fewer people than gen x did.

    and i think i confused myself above and wrote "gen y" when i meant "gen z."  gen y is the millennials.

    anyhoo:  fixes that depend on people working won't do the trick if the ratio of workers to retirees gets any lower.  it's barely at 2:1 right now.  when the program started, it was 40:1.  and the boomers still kicked its ass.

    Please don't dominate the rap, Jack, if you got nothin' new to say - Grateful Dead

    by Cedwyn on Mon Apr 08, 2013 at 04:29:15 PM PDT

    [ Parent ]

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