09-27-2008, 10:38 PM
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#33
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2007 Member of the Year
Join Date: Oct 2004
Location: Seabrook, TX
Posts: 14,281
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Quote:
Originally Posted by SteveR
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.
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Depending on SS for retirement is pretty close to idiotic in any case anyway
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WF=DF
Kommandant of the ACL (Anti Canadian League)
Quote:
Originally Posted by LTb1ow
Junk the pos, spend the money on beer, acquire headache.
Same result cept this headache doesnt last months.
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