“If the global economy slides into recession in the years ahead, as seems increasingly likely, full-time employment in the U.S. could slip to 100 million while the number of beneficiaries continues to soar by 10+ million a decade. All the official projections assume steady, strong increases in payroll taxes and full-time employment; the system’s deficits will explode higher if full-time employment sags while the number of beneficiaries increases from 57 million to 70 million and then on to 80 and 90 million. Anyone who cares about the viability of Social Security had better wake up to the widening divergence of full-time employment and SSA beneficiaries.”
http://charleshughsmith.blogspot.com/2013/08/the-trends-few-dare-discuss-social.html
(Visited 19 times, 1 visits today)
Related posts:
The Top 6 Reasons Why Everyone Needs a Second Passport
Is the U.S. Producing Democracies?
Wendy McElroy: Let a Thousand Home Businesses Bloom
Grasping for Dignity in the Era of the American Police State
Bill Bonner: Americans pose a bigger threat to themselves
To The US Govt, Failure To Disclose Foreign Accounts Is Worse Than Child Porn
I Only Regret That I Have But One Life to Give for My Country: Yours
Cody Willard: Game plan for a completely corrupted market
Robert P. Murphy: Market for Security
Resistance is Dangerous; Submission is Frequently Fatal
Capitalism: A Hate Story
Standing Between You And All The Benefits Of Telemedicine
Dealing with Cops These Days
Gupta Mea Culpa
Let’s Make America Free Again: We’re Walking a Dangerous Road