Yes that is it.
And now we have the “I paid in” I don’t care who gets screwed as long as I get mine people demanding theirs. Never mind that these same generations who have or are now retiring voted all their lives for these taxes/benefits/Ponzi schemes over the years, they bare no responsibility for it now that it is their turn to collect.
right, and so it will be expected that my older kids who are now entering the workforce will have to pick up the tab. It will be uncomfortable - but they’ll do it.
By the time their younger siblings enter the workforce, it will probably be downright mathematically impossible.
At some point -we simply become Greece.