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Old 08-24-2010, 10:50 PM
hi_im_god's Avatar
hi_im_god hi_im_god is offline
Arlington Park
 
Join Date: Nov 2006
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Quote:
Originally Posted by gales0678 View Post
How do we fix the long term underfunding problem of this entitlement program?


Do we raise the retirement age?

Do we raise the cap (i think you only pay on the first 97k of your salray) ?

Do we raise the percentage and leave the cap in place? I think the rate is 6.2% now what rate do we make

Do we offer younger workers the ability to invest some of the $ in the stock market?


Does anybody think that nothing has to be done and the current system in place is fine?
it isn't a long term underfunding problem. it's a problem that exists temporarily while my generation dies off.

just wait.
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Old 08-24-2010, 10:53 PM
Danzig Danzig is offline
Dee Tee Stables
 
Join Date: May 2006
Location: The Natural State
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Quote:
Originally Posted by hi_im_god View Post
it isn't a long term underfunding problem. it's a problem that exists temporarily while my generation dies off.

just wait.
how long?






just kidding...but i was listening to a guy on the radio talking about the population, demographics, baby boomers, etc. it was interesting. the largest year group? people age 50. but the second largest year? age 20. i have noticed more and more that gloom and doomers get press, just like every generation tends to think the next one is dumber and we're all doomed.
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