“That’s [an] indication that we had things moving in the right direction, but it’s clear that as the population of the United States ages that there are additional steps that we’re going to need to take,” White house press secretary Josh Earnest told reporters.”
We snuck up on them. They only had a 50-55 year warning about the boomers retiring...goddam, I hate these bastards.
So when does the system blow up?
Back in the late 70s I was worried about deficits and the national debt. How stupid was that? The spending party is still in high gear 40 years later.
But God help us when the day of reckoning does arrive, as it inevitably will.
As I ease into retirement (no more wage slavery for me), my tax bill is likely to tripple. Before it gets worse...