> -----Original Message----- > I know that has been that way since the late 60's. > > However you lumped three distinct and separately financed items into > one item and all three are funded differently. > > The biggest problem with SS is the number of folks funding it per > recipient. > > It has been shrinking for some time now especially now that the baby > boomer (my generation) has started being SS eligible.
Right, it's largely a Ponzi scheme. The early "investors" get their money; later investors, not so much. That's all fine and good Rev, but David Walker, former Comptroller General of the US, lumps them in together as well. He pegs the unfunded liability at $53,000,000,000,000, or only $455,000 per household. http://www.washingtonpolicy.org/Centers/government/opinioneditorials/DavidWa lkerSpeech.pdf We are SO screwed. ************************************************************************* ** List info, subscription management, list rules, archives, privacy ** ** policy, calmness, a member map, and more at http://www.cguys.org/ ** *************************************************************************
