To: CharlesMartelsGhost
In the United States specifically, it is expected that the Social Security trust fund will run out by 2034
Just as I turn 62!
But by then the retirement age will be 107.
15 posted on
04/18/2018 9:49:45 AM PDT by
LostInBayport
(When there are more people riding in the cart than there are pulling it, the cart stops moving...)
To: LostInBayport
In the United States specifically, it is expected that the Social Security trust fund will run out by 2034
That won't happen either. They will extend payroll taxes to every last penny of income, and impose a per-transaction Tobin Tax on Wall Street to cover the shortfall.
Both of those are crappy economics. But they will be politically popular. And frankly the only politically viable option.
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