“We baby boomer types, paid sharply higher social security taxes all these years, in order to fund social security payments in our futures.”
Not true. The baby boomer paid higher SS taxes to fund the “greatest generation’s” SS benefits since it is a pay as you go system. The greatest generation received far more than they paid in but that isn’t sustainable for the baby boom generation’s benefits. This is one area where the greatest generation wasn’t really all that great.
“Not true. The baby boomer paid higher SS taxes to fund the “greatest generation’s” SS benefits since it is a pay as you go system. The greatest generation received far more than they paid in but that isn’t sustainable for the baby boom generation’s benefits. This is one area where the greatest generation wasn’t really all that great.”
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You skipped an entire generation in your dissertation.
.