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Response to FogerRox (Reply #46)

Sun Nov 18, 2012, 11:43 PM

54. Your figure is old news

Even the Social Security Trustees say that full benefits will only last until 2033:

http://www.ssa.gov/oact/trsum/index.html

That's only twenty years away.

But, we don't need a recession, all we need is a decreasing number of people paying in (at lowered wages) and an increasing number of recipients as the baby boom hits the system heavily over the next couple of decades, and it will effectively be a recession as far as FICA taxes are concerned.

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