if we don't raise the age ... with the average boomer living until their mid 80s ... we just pass more of the problem unto future generations ... the ponzi scheme just continues with the govt. raising the FICA tax and/or securing more revenue (i.e. other direct and indirect taxing) to pay for it.
I don't want to rob my kids and grandkids generation ... just because other generations have robbed my generation legally through FDR's screw deal.
Just because you have no imagination doesn't mean it can't be done.
the ponzi scheme just continues with the govt. raising the FICA tax and/or securing more revenue (i.e. other direct and indirect taxing) to pay for it.
They will do both if allowed.
I don't want to rob my kids and grandkids generation ...
Neither do I. Or any other thinking person or group who has been working on the problem for decades.
just because other generations have robbed my generation legally through FDR's screw deal.
Other generations were robbed too.
You propose having the government repudiate their commitment to some citizens. Why are your grandchildren any better than them?
If you insist on keeping this system you claim to hate, the right way to raise the age is for people coming in now. All those who have been promised should get what was promised. New entries should be told a different age. That way we could achieve this goofy "actuarial balance" you keep talking about without further eroding trust in government.