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To: Myrddin
Therein lies the real problem. A large generation of poorly educated persons who won't be able to carry the financial burden that is currently shouldered by the current boomers.

Actually, Gen-X is a small generation so no matter how many of us our educated, we will never be able to support the retirement of the boomers....

55 posted on 12/26/2006 8:43:59 PM PST by Cogadh na Sith (There's an open road from the cradle to the tomb.)
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To: Cogadh na Sith
Actually, Gen-X is a small generation so no matter how many of us our educated, we will never be able to support the retirement of the boomers....

And that is the insurmountable crux of the matter. Too few people contributing to the ponzi scheme. Illegal aliens won't help the problem either. They cost more in public services than they contribute in taxes and purchasing power in the economy. The only solution is to work until you drop in your tracks. Those of us who have paid a fortune over a lifetime will have to work until the day we die. My parents generation was the last to experience a life long career followed by a comfortably funded retirement.

58 posted on 12/26/2006 8:56:41 PM PST by Myrddin
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To: Cogadh na Sith

"Actually, Gen-X is a small generation so no matter how many of us our educated, we will never be able to support the retirement of the boomers...."




"Generation X" doesn't have to support the "Boomers".

Every employed person in America pays into the pot.

There were more students in public school, elementary to high school in 2003, than there were in 1970.(49.5M to 48.7M)

Immigration figures into all this as well.


63 posted on 12/26/2006 9:09:48 PM PST by ansel12 (America, love it ,or at least give up your home citizenship before accepting ours too.)
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