--- Erik Reuter <[EMAIL PROTECTED]> wrote: > Social Security privatization isn't likely to help > the problem I'm > talking about. I'm referring to the problem of only > 1.5 workers per > retired person (if retirement stays at 65) in 2050. > But perhaps that > just means that people will delay retirement to 75, > and by then the > worst of the age wave will have past. > > "Erik Reuter" <[EMAIL PROTECTED]>
Well, the US retirement age is already scheduled to be at 67 by then, and I rather imagine that it will be higher. But I don't recall seeing a demographic projection that puts the _US_ situation at 1.5:1 by 2050. Europe, certainly - Italy will be below 1:1. If that were to happen, though, there's no doubt in my mind that the retirement age would go up substantially to prevent exactly that from happening. ===== Gautam Mukunda [EMAIL PROTECTED] "Freedom is not free" http://www.mukunda.blogspot.com __________________________________ Do you Yahoo!? SBC Yahoo! DSL - Now only $29.95 per month! http://sbc.yahoo.com _______________________________________________ http://www.mccmedia.com/mailman/listinfo/brin-l
