Worried about the viability of Social Security? Unless you're already collecting it, you should be!
Follow the animated adventures of Sonny, exactly the sort of youth who is set to get screwed by a system designed during The Great Depression, when workers were plenty and retirees rare.
Episode 2 of the series Saving Social Security is titled "Boom Baby Boom" and explains the demographic death grip that will force major cuts in benefits or massive increases in taxes (or both) to pay for the nation's mandatory savings plan.
Save Sonny - Save yourself - Don't get owned!
www.savesonny.org
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http://www.cafepress.com/SaveSonny
THAT WAS EXCELLENT!!!!
CRDZA 3 years ago
VideoGuyNC - not true. I agree that they shouldn't borrow, but whether the funds are borrowed or not doesn't speak in any way to the demographic trends that will prevent the system from working. We need a lot more babies, or people need to stop living so long. Neither is going to happen, so the RSPIC will need to do something else.
And, the RSPIC will also need to decrease federal debt by decreasing govt spending, but that's another story.
pasha2718 3 years ago
Actually - if the U.S government hadn't dipped their money-grubbing little claws into Social Security ONE TOO MANY times to get money for their pet WAR project - there would be MORE THAN ENOUGH money. We need to hand out eviction notices to the crooks in Washington, and put a REAL SMART PERSON in charge.
VideoGuyNC 3 years ago
How do they know that there won't be enough young people to pay for the future old people. I would say it is uncertain. Their may be another baby boom - perhaps the biggest ever...who knows?
MustardMunkey 3 years ago