Honestly I wish we'd just admit that it's going down. I have no illusions that I'll ever receive any SS; can't we just phase it out so that anyone who's say, 30, won't receive any, and tell them now?
Yeah, but the fact is that today and into the future, people will be having fewer children. Therefore, as the amount of retiring people increases, and the number of people working decreases, the ponzi scheme collapses.
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The idea being that our young will do the same for us.
I think what you mean is, we'll do the same to our young. Two Wrights might have made an airplane, but two wrongs don't make a right.
Honestly I wish we'd just admit that it's going down. I have no illusions that I'll ever receive any SS; can't we just phase it out so that anyone who's say, 30, won't receive any, and tell them now?
Yeah, but the fact is that today and into the future, people will be having fewer children. Therefore, as the amount of retiring people increases, and the number of people working decreases, the ponzi scheme collapses.