Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: kattracks
In 1940, the life expectancy was 63.6 years and the age at which benefits were paid was and is 65. And if you did live that long, you probably wouldn’t have been around much longer to draw money from the system. In other words, they found a new way to collect money from you based on the fiction that that it was yours and you could start collecting it when you reach 65, which they figured most of you would not.

The AVERAGE or MEDIAN life expectancy was 63.6 years. In orther words HALF the population lived longer...many quite a bit longer. If the author is wrong about something so basic is this article worth anything at all?

11 posted on 01/12/2005 7:49:17 AM PST by liberallarry
[ Post Reply | Private Reply | To 1 | View Replies ]


To: liberallarry

Doesn't matter, if the current median is higher than the original, and retirement age is still 65, the logic stands


13 posted on 01/12/2005 8:46:53 AM PST by waverna (I shall do neither. I have killed my captain...and my friend.)
[ Post Reply | Private Reply | To 11 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson