08-14-2013, 01:36 PM
Yeah, Chicken Little.
That Social Security concept was shit from the start and bound to fail. It'll never last over...uh....80 years.
Seriously, Social Security has its down falls and inequities, and I think that it needs some major reforms/updates to be initiated in the next 10 years, lest it go bust.
But, FDR's concept and the SS Act has mostly served the country well, IMO, especially in regards to the average lifespan of the population having increased significantly over the last 8 decades - with SS benefits playing a major role in helping to sustain that growing elderly population post-retirement.
That Social Security concept was shit from the start and bound to fail. It'll never last over...uh....80 years.
Seriously, Social Security has its down falls and inequities, and I think that it needs some major reforms/updates to be initiated in the next 10 years, lest it go bust.
But, FDR's concept and the SS Act has mostly served the country well, IMO, especially in regards to the average lifespan of the population having increased significantly over the last 8 decades - with SS benefits playing a major role in helping to sustain that growing elderly population post-retirement.