What we have are IOUs written to ourselves. It's a very strange situation.
Anyway, we all know that SS will come to an end. And in practice it will mean most parents will have to move in with their children, which will probably be a good thing. It's the way it was done for generations before the government stepped in.
Everything the government does serves to break down the family --which Marxists rightly regard as the bulwark against the totalitarian state.
Sort of tries to become everybody’s mama and papa instead.
Suppose SS went kaput now, would it cancel this thing (I don’t think so)
About 23.6% of people age 25 to 34 live with their parents, grandparents or both, according to Pew. Thats up from 18.7% in 2007, just prior to the global financial crisis, and from 11% in 1980.
For the first time, a larger share of young people live in multigenerational arrangements than of Americans 85 and older.
“Anyway, we all know that SS will come to an end. And in practice it will mean most parents will have to move in with their children, which will probably be a good thing. It’s the way it was done for generations before the government stepped in.”
LOL.
Old people were rare.
People died in their 30’s on average up until the 19th century. Life expectancy in 1900 was only 47. Retirement was set at 65 for SS because the vast majority of people wouldn’t make it.
“.... it will mean most parents will have to move in with their children, which will probably be a good thing. It’s the way it was done for generations before the government stepped in. Everything the government does serves to break down the family —which Marxists rightly regard as the bulwark against the totalitarian state.”
One thing we know abojt Marxists is that they do not cede power willingly which means the State will eventually outlaw the practice or turn public sentiment so sour to it that people are ostracized for doing so. If you think it’s impossible, look what they’ve done with gay marriage.