We have not had a COL increase in three years. It is becoming difficult to control our costs considering inflation at nearly ten percent. This administration very much wants us to do or DIE.
“We have not had a COL increase in three years. It is becoming difficult to control our costs considering inflation at nearly ten percent. This administration very much wants us to do or DIE.”
The problem with Federal “retirement” plans is they invariably demand more out of the goverment then the population can be taxed to provide.
The oldest and original retirement plan was in fact very simple and economically sustainable. It was called children but when we started abandoning that system em-mass particularly as exempted by FDR’s Social Security system. Our future became less the product of our own creation and more retaliate upon what everyone else provides.
The trouble is nobody works hard if they don’t have to, we are not wired to behave that way for one simple reason: We can never know what truly is productive unless we get the fruits of the same.
When the fruits of the same are not ours(as in a socialist system) working for them becomes wasted investments of time & labor that ultimately cost you more then you get.
The result of this natural math is very few people do more then the minimum in socialist States and this is as true of the Socialist economic model as it is of the demographic model.
If your kids are not the source of your retirement you wont wast as much time and effort having and raising as many of em.
This is a problem because ultimately everyone’s kids are the source of their retirements, because a retirement is, no matter how you do the math, “the storing of existing resources to trade for resources to be produced by other people WORKING in future time”.
Naturally the value of that labor & the products it produces is tied to the size of that workforce. If you have your own family workforce the math is simple, as it was for thousands of years of human history. But if you are(as in the case of modern retirement schemes) reliant upon other peoples workforce. Then the fate of your retirement finances will be tied to their collective behavior.
And as we have seen our collective behavior a generation with near sub-replacement level reproduction has been very bad indeed.