[Doogle]

SS is a pay as you go system, which will start paying out more money than it is taking in 2017. Starting in 2008, the SS "surplus" will start declining.

so another 100 million people won't accelerate the decline over the next ten years?. Thats providing they all work and pay into SS right?

[kabar]

so another 100 million people won't accelerate the decline over the next ten years?. Thats providing they all work and pay into SS right?

The could extend the solvency period (the money coming in versus going out) beyond 2017, but ultimately they will result in an even bigger liability for the system. Moreover SS is not only a pension system, but also a disability and survivors insurance system. Increased numbers will increase the costs in these areas.

Currently, 48 million Americans receive Social Security benefits, including 33 million retirees, 7 million survivors, and 8 million disabled workers.

[Dec31,1999]

So what was all the hoopla on this board a few years ago when these questions were raised, but GW didn't want to do anything about the border crossings? I mean the chickens have come home to roost ANYWAY. Meanwhile, a lot of posters were banned and we lost a lot of conservative voices. Including me, to a point. What a waste of time! And Conservative energy!
And yes, this is a criticism of my much beloved FreeRepublic.com. What's next, then- a Democrat President in 08? I should have spoken sooner. Not that anyone would have listened. It may be too late now.