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re: Now Social Security could be depleted this decade

Posted on 4/23/20 at 10:54 am to
Posted by Taxing Authority
Houston
Member since Feb 2010
57517 posts
Posted on 4/23/20 at 10:54 am to
quote:

Its the dirty little secret no one on either side of the aisle wants to talk about.
It's why both parties are pro-immigration. Need more payers to fund current "returns". A declining population, or one that earns income above the FICA cutoff... means SS goes t*ts up sooner.
Posted by wutangfinancial
Treasure Valley
Member since Sep 2015
11286 posts
Posted on 4/23/20 at 11:36 am to
quote:

It's why both parties are pro-immigration. Need more payers to fund current "returns". A declining population, or one that earns income above the FICA cutoff... means SS goes t*ts up sooner.



Impossible. The experts in the '30s surely accounted for demographic changes in their models
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