Quote:
Originally Posted by Anti_Rice_Guy
And since more people will be retired than in the workforce. My generation can't pay for all the baby boomers, not enough of us.
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EXACTLY. It's transformed, because of the very sudden swing in workforce to retiree balance, from you paying into your own SS account for your retirement, to the SS fund so far behind that you are right now paying for the current wave of retirees, and because of the fact that the money they put in is worth less than what they are taking out, it gets further and further in debt to itself as time goes by until it won't be able to sustain itself.