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You tell em Donald
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<blockquote data-quote="vantexan" data-source="post: 2598408" data-attributes="member: 24302"><p>Again, SS is a self sustaining program that isn't contributing to the national debt. It does however have systemic issues due to the baby boom generation and the lowest labor participation rate ever. Less workers, and poorly paid workers means less going into the SS system. If nothing is done to correct it then in 2032, current estimate, SS will only be able to pay about 75-78% of it's obligations. That can be sustained until about 2080 according to the SS website. How do we know they'll even pay that much? That's what they collect from payroll contributions and employer matching.</p></blockquote><p></p>
[QUOTE="vantexan, post: 2598408, member: 24302"] Again, SS is a self sustaining program that isn't contributing to the national debt. It does however have systemic issues due to the baby boom generation and the lowest labor participation rate ever. Less workers, and poorly paid workers means less going into the SS system. If nothing is done to correct it then in 2032, current estimate, SS will only be able to pay about 75-78% of it's obligations. That can be sustained until about 2080 according to the SS website. How do we know they'll even pay that much? That's what they collect from payroll contributions and employer matching. [/QUOTE]
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