Social Security was founded in 1935.  I wonder why the Washington Post cherry picked the data to include the earlier decades that make the whole visual of the chart look more scary?

Anon wrote:

The deciding factor is that sometime around 2033, there will be more people taking out of SS than there are putting in. That disparity creates a shortfall that will cause my monthly SS benefit to be decreased by approximately 23% if nothing is done to shore up SS in some other way.

It seems like social security will run out about ten years before we get fusion power plants - roughly ten years from whenever the prediction is being made (20 for fusion).

I found a post on the old site from 2013 that marked the date as 2025.
 

Last edited by Happy Monkey (8/20/2024 11:39 pm)

Congress is the biggest problem we have. We need to term-limit the A$$holes.

There is one serious problem with those newer generations.  Made obvious in a citation by xoxoxoBruce.  Except in medicine, the US graduates a decreasing number of people who actually do something productive.  For example, number of engineering degrees is now down 34% in that six year period.

As so many employers complained.  Harder is to find kids who know how to use a hammer and screw driver.  Scary how so many IT people do not even know how a computer works - because they can assemble one - like plugging a lamp into a wall receptacle.