Boomers paid full freight into FICA. Their parents got the benefit of paying little into the system but collecting the full payout. The system is going to go broke tying to payout on the boomers. It'll end with boomers stuck with nothing. Now comes the next generation brat who thinks boomers keep jobs from him. If you're in your 40's and you can't advance it's because you aren't competing as hard as the other guy. if a boomer has a job you want, then work harder. Stop whining.
Plenty of boomers have already been on the system for years. Disability and whatnot. The problem is ponzi schemes can’t work forever because the colleting base becomes too big unless the new base is bigger than them.
The boomers are the largest generation upcoming. There’s not enough working (or work) to cover that. Ponzi scheme will collapse.
Personally I did not have a choice to be in SS or not. My parents signed me into this contract and I have no way of getting out of it. talk about invalid contracts. They provide no way of people ever leaving and you can be stuck in it by someone else. If it was any other contract people would be fighting against it tooth and nail.