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To: ex-snook

Nonsense, that has NOTHING to do with exported jobs. It was ALWAYS a Ponzi scheme, the ONLY way it could work would be if the population and number of working people continued to expand forever, and if LIFE EXPECTANCY had limited the majority to less then the eligibility age.The US population in 1940 was 135 million, 2000 it was 280 million about doubled. In 1940 about 55% if the population lived to the age of 65, in 1990 that number was up to 80%,and they are living far longer staying on SS longer. In 1940 there were a total of 9 million age 65 or greater, in 2000 that number was up to 35 million and climbing rapidly. THATS why the payer to eater ratio has fallen so greatly. Once the birth rate started to fall, AND life expectancy ROSE, it was doomed to fail sooner or later.


89 posted on 08/29/2011 12:59:54 PM PDT by Kozak ("It's not an Election it's a Restraining Order" .....PJ O'Rourke)
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To: Kozak
"Once the birth rate started to fall, AND life expectancy ROSE, it was doomed to fail sooner or later."

And why did the birth rate fall? It couldn't have anything to do with the 50 million aborted babies, could it?

146 posted on 08/29/2011 2:46:20 PM PDT by In Maryland ("If stupidity got us into this mess, why can't it get us out?" - Mark Twain)
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