We are near a breaking point of being over leveraged. Do they have a crystal ball to determine how long this petrodollar will last? How about Medicare Part A going broke and demanding all kinds of funny money to replenish the coffers around 2026? Also, Social Security is facing huge shortfalls around one to two years after that. Where is that “wealth” coming from? This is fine if you are projected to die comfortably in a debt fueled retirement scheme within 10 years, however, like a pyramid scheme, the new people get screwed not by their own hand but by selfish and greedy people who voted for the scheme/irresponsible spending/debt accrual long before the new ones were born.
You go ahead and grind your axe.....
My greedy ass has been paying in my whole working life... (no choice, you see) and my retirement age coincides with the collapse of the system.
Not only being shafted for being born at the wrong time, but also being subjected to the incessant WHINING of people who don’t want to contribute to the system at all.
Bump